South Korea’s shipbuilding industry is seeing a major rise in container ship orders, led by HD Hyundai’s new contract with HMM worth 2.13 trillion won (USD 1.4 billion). It is the company’s largest container-ship order since 2007.
HD Korea Shipbuilding & Offshore Engineering, the shipbuilding arm of HD Hyundai, said the order includes eight 13,400-TEU LNG dual-fuel container ships.
According to the company, each vessel will measure 337 metres in length, 51 metres in width and 27.9 metres in height, and will feature LNG dual-fuel propulsion systems with large fuel tanks to improve fuel efficiency.
Of the eight ships, two will be built at HD Hyundai Heavy Industries and six at HD Hyundai Samho, with deliveries planned sequentially through the first half of 2029.
With this deal, HD Hyundai now has orders for 69 container ships for 2025, with a total capacity of 720,000 TEUs. This is its second-highest annual total after
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