Hyundai Merchant Marine (HMM) has held a naming ceremony for the HMM Garnet, a 13,000 TEU containership, at the HD Hyundai Heavy Industries headquarters in Ulsan, Korea.
HMM Garnet is the first of the new vessels. All ships are intended to be LNG-ready, and modern energy-saving technology is used to improve fuel efficiency and lower pollutant emissions.
Kim, Kyung Bae, President and CEO of HMM, said: “We expect our new ships to give us strong environmental credentials and to provide us with the capacity and flexibility in the face of growing competition in the global market.”
The new containership will reportedly be deployed on the East Coast 1 (EC1) route under THE Alliance’s product plan beginning in February, with port rotations in Kaohsiung, Xiamen, Yantian, Shanghai, Ningbo, Busan, Yantian, New York, Norfolk, Charleston, Savannah, and Singapore.
Upon delivery of all new vessels on order, HMM’s fleet is expected to reach 1 million TEU. Large containerships with more than 10,000 TEU will account for 80 per cent of the company’s total fleet, improving cost structure and operating efficiencies.