HMM orders a dozen 13,000-TEU box ships

Sam-hyun Ka (left), CEO of KSOE, an HHI subsidiary, and Jae-hoon Bae, CEO of HMM
  • Total contract cost is US$1.57 billion
  • All ships will be LNG-ready and installed with hybrid scrubbers

South Korean shipping company HMM announced the signing of newbuilding contracts for twelve 13,000 twenty-foot equivalent units or TEUs of container vessels at a total cost of US$1.57 billion.

Under the agreement signed with Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries (HHI), DSME and HHI will build six vessels, respectively, scheduled for delivery in the first half of 2024.

All ships will be installed with hybrid scrubbers and designed to be liquefied natural gas or LNG-ready, the company said in a statement last June 29.

“Our newly ordered containerships will be fitted with the latest energy-efficient technologies,” an HMM official said. “We expect these ships to give us strong environmental credentials, as well as to provide us with the capacity and flexibility to get our customers’ cargo to the right place at the right time.”

Photo from HMM