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Maersk Line Orders Nine Boxships in $1.1 bln Deal

Maritime Activity Reports, Inc.

July 8, 2015

Maersk Line, the world's largest container shipping company, said on Wednesday it has ordered nine 14,000 twenty-foot equivalent units vessels from Hyundai Heavy Industries in a deal worth $1.1 billion.

The vessels will join the fleet in 2017 under a Singaporean flag, said Maersk Line, a unit of the A.P. Moller-Maersk  conglomerate.

Reporting by Sabina Zawadzki

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