HMM Places $1.46B Order for Eight Ultra-Large Containership to HD Hyundai
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company for HD Hyundai's shipbuilding business, has signed a shipbuilding contract with HMM for eight 13,400-TEU dual-fuel container ships.
The vessels ordered are 337 meters in length, 51 meters in width, and 27.9 meters in height.
They will be equipped with LNG dual-fuel engines and a significantly enlarged fuel tank, expanded by approximately 50%, to enhance operational efficiency.
Of the eight vessels, two will be built by HD Hyundai Heavy Industries (HHI) and six by HD Hyundai Samho, with deliveries scheduled consecutively through the first half of 2029.
The total contract value amounts to $1.456 billion.
Through this contract, HD Hyundai has achieved its largest container-ship order volume since 2007, when global cargo demand peaked during the economic boom (793,473 TEU). HD KSOE has secured orders for a total of 720,000 TEU (69 vessels) in container ships this year, marking the highest order volume among domestic shipbuilders.
"We are further solidifying our position in the global market based on advanced technological capabilities and customer trust," adding, "Going forward, we will continue to lead the decarbonization of the shipbuilding and shipping industries through technological competitiveness focused on eco-friendly and high-efficiency vessels,” HD Hyundai said in a statement.
