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COSCO orders four 5,100-TEU ships China Ocean Shipping Co. has ordered four 5,100-TEU ships from Hanjin Heavy Industries for delivery by 2008, Reuters reported. Total cost of the four
ships will be $273 million. The latest order from COSCO brought total orders received so far this year by Hanjin Heavy Industries to $1.6 billion, double its original target of $800 million,
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