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OOCL ORDERS ANOTHER TWO 7,700-TEU BOXSHIPS

OOCL ORDERS ANOTHER TWO 7,700-TEU BOXSHIPS

   Orient Overseas Container Line has ordered another two 7,700-TEU containerships from the Korean shipyard Samsung, at a total cost of about $186 million.

   The container vessels are scheduled to be delivered to OOCL in the second quarter of 2005.