Daewoo Ship Says Maersk Exercises Option for 10 More Ships

Daewoo Shipbuilding & Marine Engineering Co. said A.P. Moeller-Maersk A/S exercised options to build 10 more container ships worth 2.01 trillion won. The vessels, which can each carry 18,000 20-foot containers, will be delivered by May 2015, the Seoul-based company said today in a regulatory filing.

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