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CSAV returns to Kaohsiung for 12,000 teu ship spree

Kaohsiung: Chile's CSAV has returned to familiar stomping ground CSBC Corp of Taiwan to place an order for four 12,000 teu ships - the first time that either company has engaged in such a large ship size. CSAV is thought to be paying around $160m for the quartet all to be delivered by the first half of 2011. Back in 2003 CSAV placed an order with Taiwan's top yard to build a series of 4,050 teu ships. [20/08/07]

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