HMM has signed a contract with three shipyards for 20 new environmentally mega containerships, according to a statement.
Under the deals, signed on September 28, Dawoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI) will build seven and five 23,000 TEU containership respectively, which are expected to be delivered by the second quarter of 2020.
The remaining eight will have a capacity of 15,000 TEU, and will be built by Hyundai Heavy Industries (HHI), with an expected delivery date of 2021’s second quarter.
Plans for the fleet expansion were first announced in December 2017, and were part of HMM’s goal to have a 5% share of the global container shipping market by 2021.
A statement from HMM said: “On September 28th , HMM signed a formal contract for its twenty eco-friendly mega containerships with three shipyards – Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI).
“DSME and SHI will build seven and five 23,000 TEU containerships, respectively, which are expected for delivery in the second quarter of 2020. HHI will construct eight 15,000 TEU containerships to be delivered in the second quarter of 2021.
“The Ceremonies were held with each shipbuilding companies and attended by CEO & President of DSME Mr. Sung Leep Jung, President & Inside Director of HHI Mr. Sam Hyun Ka and President & CEO of SHI Mr. Joon Ou Nam including President & CEO of HMM Mr. Chang Keun Yoo.”