Yang Ming plans to order another five 8,200-TEU boxships

Yang Ming plans to order another five 8,200-TEU boxships    The board of directors of Yang Ming Marine Transport approved last week a proposal to order another five ships of 8,200-TEU capacities. The amount set aside for investment will be $470 million.
   A spokesman for Yang Ming said the company is looking for a suitable shipyard to place the order. The Taiwanese shipping line expects the ships to be delivered in 2008.
   Yang Ming already has four 8,200-TEU ships on order from the shipyard Hyundai.
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