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Samsung Heavy says proceeds $618 mln ship order as planned

SEOUL, April 16 (Reuters) - South Korea's Samsung Heavy Industries said on Wednesday that it is proceeding with a project worth 642.9 billion won ($617.67 million) to build seven container ships as planned.

The shipbuilder won the order from Chilean shipping firm Compania Sudamericana de Vapores (CSAV) a year ago. ($1 = 1040.8500 Korean won) (Reporting by Hyunjoo Jin; Editing by Miral Fahmy)