Orders to be placed for twelve 23,000 TEU & eight 14,000 TEU mega container ships. Accelerate HMM’s ‘Capacity of 1 Million TEU’ strategy. Seven 23,000 TEU at DSME, five 23,000 TEU at Samsung Heavy Industries, eight 14,000 TEU at Hyundai Heavy Industries. HMM has selected shipbuilders to build eco-friendly mega containerships which fulfil its ‘Capacity of 1 Million TEU’ strategy.
Since HMM sent out a Request for Proposal (RFP) to shipbuilding companies on April 10, HMM has considered all the conditions for newbuilding including delivery date and price of new ships suggested by shipbuilders, and finally selected three shipbuilders to sign a Letter of Intent (LOI) for 20 new vessels.
First, HMM chose Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries for seven and five 23,000 TEU containerships respectively which are expected to deliver in the second quarter of 2020. HMM also selected Hyundai Heavy Industries for eight 14,000 TEU containerships to be delivered in the second quarter of 2021.
HMM formed a ‘newbuilding examination committee’ in order to thoroughly review all the conditions and selected shipbuilders followed by fair procedures. After signing a Letter of Intent with shipbuilders, HMM will negotiate further details of new shipbuilding including prices and conclude the final agreement.
Press Release: hmm21.com
Shipping News You Would Like:
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Latest Shipping News You Would Like:
Get the Latest Maritime News Delivered to Your Inbox!
Our free, fast, and fun newsletter on the global maritime industry, delivered everyday.