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011200 — HMM News Story

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South Korean shipper HMM to invest $2.8 bln buying container ships

SEOUL, Oct 16 (Reuters) - South Korean shipper HMM 011200.KS plans to invest 4 trillion won ($2.82 billion) buying 12 container ships, each with a capacity of 13,000 TEU (twenty-foot equivalent units), and two very large container ships, the company said in a filing on Thursday.

($1 = 1,418.5000 won)

 (Reporting by Heejin Kim
Editing by Ed Davies)

 ((Heejin.Kim@thomsonreuters.com;))

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