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The contract cost of the ships was set at the construction cost plus an 8% profit for Maryland Steel, with a maximum cost of $640,000 each.
The contract cost of the ships was set at the construction cost plus an 8% profit for Maryland Steel, but with a maximum cost of $640,000 each.
The contract cost of the ships was set at the construction cost plus an 8% profit for Maryland Steel, but with a maximum price of $640,000 per ship.
The contract cost of the ships was set at the construction cost plus an 8% profit for Maryland Steel, but with a maximum cost of $640,000 per ship.
The contract cost of the three Pennsylvania-built ships was set at $425,000 each, but financing costs drove the final cost of each ship higher; the final cost of American was $61.00 per deadweight ton, which totaled just under $540,000.
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Eight more cruise ships are set to dock in the Whaling City this summer and fall.
Since the shipping cost per container keeps on falling as ship size rises, container ships are set to keep growing.
(It is soon to be four times larger: 13 to 19 of Britain's 44 remaining large ships are set to be mothballed by the Labor government).
New rules to limit pollution from ships are set to start moving through the European Parliament on Tuesday, with the specter of potential environmental contamination from a stricken cruise ship lending momentum to the debate.
The world's fleet of cargo ships is set to grow at a rapid pace in the coming years despite some cancellations of new tonnage in the wake of the financial crisis and the recession in rich economies.
Dredging to 50-foot depths to accommodate huge container-carrying ships is set to begin this spring at the ports, and import business is expected to double in the next decade.
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