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August 16, 2010 NOL firms up order for 10,700 TEU duoSingapore's NOL has finalized an order at Daewoo Shipbuilding & Marine Engineering Co. covering construction of two new 10,700-TEU (twenty-foot-equivalent unit) containerships for delivery in 2012. The two vessels were the subject of a letter of intent (LOI) that was part of the $1.2 billion, 12-ship agreement with DSME announced on July 21
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