Biggest boxships yet built by HHI ordered

Nordcapital Group and Hyundai Heavy Industries (HHI) signed contracts for the building of eight massive container ships with a capacity of 13,100 TEU each. These will be the largest container ships HHI has built and also represents the biggest single contract for the shipbuilders with a value of $1.4 billion. The ships will be delivered between April 2010 and March 2011.

The newbuildings will differ from conventional designs with the bridge in front and the machine room aft and will be built with the latest technological features and ecological requirements including an economic main engine burning low sulphur fuels, TBT-free paint coatings and inboard fuel tanks. “Dynamic growth in the container ship travel will continue yet for many years. With rising transportation volumes and higher fuel costs our customers need larger container ships, to remain competitive”, say Erck Rickmers, acting partner of Nordcapital.