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(Reuters): South Korea’s Hanjin Shipping Co. Ltd. said on Friday that it would spend 923.6
billion Won ($845.9 million) on building five container ships.
The addition of five 13,000 twenty-foot equivalent unit (TEU) vessels would improve cost structure through the expansion of its line-up, the Korean shipper said in a regulatory filing. ($1 = 1091.850 Won)