Daewoo Mangalia books box quintet

Daewoo Shipbuilding and Marine Engineering has won a $500 million order to build five 4,710 TEU containerships for Germany’s Hamburg Sud. The ships will have a length of 309 m, beam of 40 m and a depth of 24.2 m with a 22.7 knot service speed.

The vessels will be built at Daewoo Mangalia Heavy Industries, Romania, for delivery by first half of 2010. The contract also includes one option.