Japan's Mitsui OSK Lines is to add ten new containerships built by Hyundai Samho Heavy Industries of South Korea, president Koichi Muto told clients on Thursday.
The executive says a series of 5,600-teu newbuildings will replace chartered tonnage on a run that links Asia to the East Coast of South America.
Delivery is expected this year.
“The newbuilding ships will adopt a new wide-beam and shallow-draft design, featuring high loading capacity and compatibility with shallow-draft ports in South America, as well as superior fuel efficiency,” the company said in a statement.