Korean Shipyard Wins US$600-million Seaspan Order

Press Release
Tuesday, January 15, 2013
HHI/Seaspan Signing Ceremony: Photo credit HHI

Hyundai Heavy Industries (HHI) wins the order for five 14,000 TEU container ships, with a contract option for 5 more.

The ultra-large container ships, measuring 368 m in length, 51 m in width, and 30 m in depth, are scheduled to be delivered from 2015. Upon delivery, the vessels will be charted by Seaspan Corp. to the Taiwan’s Yang Ming Marine Transport Corp on a long-term contract.

The container ships will feature an electronically-controlled main engine and HiBallast seawater treatment system. The electronically-controlled main engine will maximize fuel efficiency, reduce noise, vibrations, and carbon emissions by automatically controlling fuel consumption to suit sailing speed and sea conditions.
 
The HiBallast system is a seawater treatment system HHI developed in 2011. HiBallast can treat 8,000 cbm of seawater per hour by filtering and sterilizing bacteria and plankton bigger than 50 µm through electrolysis.
 
In 2013, Hyundai Heavy set an annual new orders target of USD 29.7 billion, 52.3% up from a year earlier, and aims to achieve sales of KRW 26. 9 trillion (USD 25.4 billion), 7.1% up against the previous year.

In the photo: (Mr. Lee Jai-seong (fourth from left), president & CEO of Hyundai Heavy; Mr. Gerry Wang (fifth from left), CEO & co-chairman of Seaspan Corp.; Mr. Kyle Washington (sixth from left), co-chairman of Seaspan Corp.).

 

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

First Supramax Vessel for Japan-Italy Venture

'DACC Tirreno' was delivered at the Oshima shipyard in Japan yesterday, the first of four Supramax bulk carriers for the dACC Maritime Limited fleet, the joint

Austal Graduates 48 4-Yr Apprentices

Austal USA combined two classes to graduate a total of 48 members of Austal’s cutting-edge four-year apprenticeship program yesterday at a formal ceremony held at the Arthur R.

BAE Systems to Expand San Diego Shipyard

BAE Systems announced it will invest approximately $100 million to expand drydocking capabilities at its San Diego shipyard.   The investment, which will include

Container Ships

Mediterranean Rescue Operations Strain Shipping

The Wall Street Journal ran a story yesterday describing how the increasing number of seaborne migrants making the journey from Africa to Europe has not only

Hamburg Süd Christens Third San Class Ship

Hamburg Süd christened its third container vessel in the new San class yesterday, officially naming newbuild San Vicente at the Cuenca del Plata terminal in Montevideo.

Asia-Europe Box Rates Fall Almost 6 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 5.5 percent to $586 per 20-foot container (TEU) in the week ended on Friday,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction
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: 0.2274 sec (4 req/sec)