HMM has placed an order worth KRW 4 trillion ($2.81 billion) for new vessels, signalling a major investment in its fleet.
The order includes a dozen sister ships, each with a capacity of 13,000 TEUs, and two Very Large Crude Carriers (VLCCs).
The 13,000 TEU containerships, all LNG dual-fuelled, will be constructed by HD Hyundai Heavy and Hanwha Ocean.
With decarbonisation regulations from the International Maritime Organization (IMO) and European Union (EU) becoming increasingly stringent, LNG is considered one of the most viable lower-emission fuels.
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According to Clarksons Research, alternative fuel vessels accounted for nearly 50 per cent of all newbuild orders last year, over 70 per cent of which are LNG-powered.
The new VLCCs will further diversify and strengthen the company’s bulk fleet.
This initiative aligns with HMM’s mid-to-long-term 2030 strategy to develop a flexible, future-ready fleet in response to evolving market conditions and regulatory demands.
