HMM to Invest KRW 2 trillion in Newbuild Fleet

HMM has announced that it placed a newbuilding order for eight 13,000 TEU containerships with HD Hyundai.

The eight newbuildings will be built to LNG dual-fuel specifications, with the total contract value amounting to approximately KRW 2 trillion. Under the contract, the vessels will be built by HD Hyundai Heavy Industries and HD Hyundai Samho, with deliveries scheduled to begin sequentially from 2029.

HMM plans to deploy the newly acquired 13,000 TEU vessels on its flagship FIM (Far East-India-Mediterranean) service route to enhance operational efficiency on its core trade lanes.

In addition to this order, HMM has acquired four feeder vessels through resale agreements, comprising three 2,800 TEU ships and one 1,700 TEU ship. The feeder vessels will be integrated into emerging regional feeder networks linked to major hub ports, reinforcing the company’s ‘Hub & Spoke’ network competitiveness.

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →