HMM Orders Eight LNG Dual-Fuel 13,000 TEU Containerships

· Shipping · South Korea

HMM has placed a newbuilding order for eight 13,000 TEU containerships with HD Hyundai, with a total contract value of approximately KRW 2 trillion. The vessels will be built to LNG dual-fuel specifications by HD Hyundai Heavy Industries. The order adds to the wave of dual-fuel capacity being contracted as carriers prepare for stricter emissions rules, and it deepens HMM's reliance on LNG as its transition fuel. The contract value underscores how far newbuilding prices have risen amid a near-record global order book. Delivery timing was not detailed in the report. The order also reinforces South Korean shipbuilding's role in the dual-fuel segment, with the country's largest yard group building for its flagship national carrier.

Why it matters：Another large dual-fuel order shows carriers standardizing on LNG ahead of emissions rules, while record-high newbuilding prices shape fleet renewal economics for the whole industry.

Key points

  • The eight ships will be 13,000 TEU each with LNG dual-fuel specifications.
  • Contract value is approximately KRW 2 trillion.
  • HD Hyundai Heavy Industries will build the vessels.

Sources (original reporting)

More stories from this day