The United Arab Shipping Company, which has former EAC man Jørn Hinge as CEO and which recently brought in two former Maersk executives to its senior management, is close to completing an order for 17 major container ships. Six of the ships have a capacity of around 18,000 teu, thus matching Maersk Line's Triple-E series.
The considerable order, which according to Alphaliner includes 11 ships of 14,000 teu each from the Hyundai shipyard in Korea, will be delivered from 2015 and onwards.
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