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CSAV orders at Samsung

CSAV orders at Samsung

Seoul: Chilean liner CSAV has taken a two plus two option deal at Korea's Samsung Heavy Industries. The South American firm is paying $90m per 8,000 teu ship. The two firm orders are due for delivery in June and July of 2012.
CSAV faced a perilous time during the financial crisis with much restructuring needed. These orders signal that the liner is back on track.
Korea's big three yards - Samsung, Daewoo and Hyundai - are anticipating a bumper year of large container ship orders in 2011 with the size envelop being pushed towards 20,000 teu designs.  [13/12/10]

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