Daewoo awarded ship order

Danish-based shipping company AP Moller Maersk has awarded a USD 2.34 billion ship order to South Korea-based Daewoo Shipbuilding and Marine Engineering Co. Maersk ordered 16 ships from Daewoo with individual capacities of 7,450 TEU and capable of carrying a record 1,700 refrigerated containers each, but did not give the value for the order. According to Maersk, the ships, for delivery by 2012, are destined for transportation of goods between the east coast of South America and Asia and Europe.
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