Thursday, February 14, 2008

Hyundai lands multi mega box ship order from European client

Hyundai Heavy Industries, has landed a US$1.35 billion deal to build eight containerships for an unidentified European company, though Lloyds List says the deal matches an order for eight 13,092-TEU ships from Muenchmeyer & Petersen (MPC), backed by a long-term charters by Hanjin Shipping.

Hyundai (HHI) said in a regulatory filling that the ships are scheduled for delivery by April 2012.
It said the South Korean shipbuilder's order book now stands at 330 very large containerships of more than 8,000 TEU in capacity for a total of 3.53 million TEU, according to AXS-Alphaliner records, 190 of the vessels are believed to be over 10,000 TEU.

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