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HMM places billion-dollar order for 12 new container vessels

Korean container carrier HMM has placed an order for 12 container vessels of 13,000 teu each. The order totals USD 1.57 billion.

Photo: HMM

Korean container carrier HMM has placed an order for 12 new container vessels at a total cost of USD 1.57 billion.

The vessels will have a capacity of 13,000 teu each and half of the order is expected to be delivered in the first half of 2024, according to a press release.

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