The Grimaldi Group ordered five Ro-Ro Multipurpose Car Carriers for its Atlantic Services. The order was placed with Hyundai Mipo Dockyard of Ulsan, South Korea, and its value is at around $430 million. The first ship is scheduled to enter service in spring 2010, with the others following at a few months interval one from each other, between 2010 and 2011. They are almost identical sisters of another 5 ships contracted with Uljanik Yard of Croatia, which are slated for delivery in 2008 and 2009. In line with the Grimaldi Group strategy, these new ships will be highly flexible in terms of cargo mix. At 25,000-dwt and with a service speed of 21 knots, each of the new vessels will be able to take on board up to 2,000 linear metres of Ro/Ro cargo, 2,000 cars and up to 800 TEU of containers.