Hapag-Lloyd Orders Two Ships

Monday, March 22, 2004
Hapag-Lloyd ordered two 8,600 TEU containerships from the South Korean shipyard Hyundai Heavy Industries for delivery in spring and autumn 2007. The newbuildings will have a length of 335m, width of 43m and draught of 14.50m and be able to carry 8,600 standard containers (TEU). They will have a speed of 25 knots. It is planned to deploy the vessels between Europe and the Far East. Hapag-Lloyd released no details on the construction costs. In its forecast published in January 2004, the international market research institute Global Insight expects global container transport to continue to increase in the next few years. "Our fleet expansion programme shows that we intend to take advantage of the market opportunities resulting from the expected growth in world container transport. In view of the current market conditions, we have decided to purchase the ships, as this is less expensive than chartering," commented Michael Behrendt, chairman of the executive board of Hapag-Lloyd AG. Hapag-Lloyd will take delivery of the last newbuilding in a series of four 6,750 TEU containerships in late April 2004. Two vessels of 8,400/8,600 TEU will be added in 2005, and a further 8,600 TEU newbuilding will follow in 2006. The two ships ordered today are due for delivery in 2007. Hapag-Lloyd's fleet currently consists of 47 modern vessels (as of the end of April 2004).
Maritime Reporter September 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

NZ's Lyttelton Port Recommends Offer, to Pay Special Dividend

The board of New Zealand's  Lyttelton Port Co. Ltd recommended minority shareholders accept an offer of NZ$3.95 a share offer from the commercial arm of the Christchurch city council.

A Boost for UK Offshore Drilling? DW Monday Muses

Drilling activity offshore UK is now expected to increase over the next few years as government and industry reacts to the recommendations in Sir Ian Wood’s report

MHI, IHI & DBJ Join Forces On Investments

Mitsubishi Heavy Industries, Ltd. (MHI), IHI Corporation and the Development Bank of Japan Inc. (DBJ) concluded a three-way formal agreement today on their respective

Container Ships

NYK Opens New Planning Center in Kumamoto

On September 1, 2014, NYK and Kozo Keikaku Engineering Inc. established a stowage planning center for container shipping at the Kumamoto office of Kozo Keikaku Engineering Inc.

More German Shipowners Look to Gibdock for Repairs

Gibdock remarks it has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent

No Sign of Ultra-Large Containership Mega Hubs: Analysis

Contrary to the views of some in the industry, Ultra Large Container Vessels are continuing to call at multiple North European ports per loop and are not concentrating on a mega-hub,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Salvage Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1117 sec (9 req/sec)