GENERAL NEWS

Samsung clinches CSAV boxships

16 years ago

Chilean liner operator CSAV has taken a two plus two option deal at Korea’s Samsung Heavy Industries for 8,000 TEU ships at a cost of $90 million each.

The two firm orders are due for delivery in June and July of 2012. CSAV faced a difficult time during the financial crisis with much restructuring needed and this newbuilding order signals that the company is back on track.