Ulsan: US Jones Act operator Horizon Lines has taken delivery of its inaugural newbuild, the first of a series of five 2,824teu containerships built by Hyundai Mipo and chartered from an arm of Ship Finance International Ltd. The vessels, capable of 23 knots service speed, will be US-flagged and deployed on Horizon Lines' service between the US West Coast, Guam and Asia, thereby providing expanded capacity and faster transit times. [04/12/06]
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