Korean yards share post-panamax order?

Importer

Daewoo Heavy Industries (Daewoo) and Hyundai Heavy Industries (HHI) in Korea are to share an order for a total of ten 6,700 TEU post-panamax container ships from Mediterranean Shipping Company.

Due to be delivered in 2001 and 2002, some of the ships are being purchased outright while others are the subject of a long-term leasing arrangement.