NYK orders 8 Panamax boxships

NYK orders 8 Panamax boxships    Nippon Yusen Kaisha (NYK) has ordered eight 4,900-TEU Panamax containerships from Hyundai Heavy Industries in South Korea, scheduled for completion through March 2007.
   “The new containerships ordered this time are the largest class able to pass through the Panama Canal and are highly practical due to their ability to navigate a wide range of shipping routes,” the Japanese shipping group said.
   The Panamax containerships will be deployed within the Grand Alliance, of which NYK is a member.
   In December 2003, NYK also ordered eight large 8,100-TEU containerships, scheduled for completion from April 2005 to March 2007.