HAPAG-LLOYD AND MSC WILL EXPAND FLEET
Hapag-Lloyd in Hamburg, Germany is planning the order of container
ships, while Geneva-based Mediterranean Shipping Company (MSC)
already ordered new ships.
Hapag-Lloyd wants an unspecified number of vessels in the 4,500-6,500
TEU range, as part of a $ 1.7 billion investment until 2002. About
$ 300 million will be invested in fleet renewal and development.
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