AsiaLNG as Fuel

HMM orders 12 LNG-ready containerships at Korean yards

By LNG Prime Staff
HMM orders 12 LNG-ready containerships at Korean yards
Image: HMM

South Korean shipping firm HMM said it has ordered 12 LNG-ready containerships at two compatriot yards.

The order has a price tag of about $1.57 billion, according to HMM.

Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries will each build six 13,000 TEU container vessels.

The Korean shipbuilders would deliver the LNG-ready vessels in the first half of 2024.

In addition, all of the LNG-ready ships would feature hybrid scrubber, HMM said.

HMM has already eight 16,000 TEU LNG-ready containerships on order at Hyundai Heavy.

The first vessel in this batch, HMM Nuri, started working earlier this year on the Far East Europe 4 (FE4) service, operated by The Alliance, a shipping consortium consisting of Hapag-Lloyd, ONE, Yang Ming, and HMM.

The Korean firm previously said it expects to take delivery of all of these ships by June this year.

Most Popular

Contracts and Tenders

Venture Global’s Plaquemines LNG seals new gas supply deal

Venture Global LNG’s Plaquemines LNG has signed a new natural gas sale and purchase deal with gas marketer Tenaska Marketing Ventures, according to a DOE filing.
LNG Terminals

Venture Global takes FID on CP2 LNG

US LNG exporter Venture Global LNG has taken a final investment decision (FID) on the first phase of its CP2 LNG project in Louisiana. The company also closed the $15.1 billion project financing, claiming that it represents the largest standalone project financing ever, and the second-largest project financing after the combined financings of Venture Global’s Plaquemines LNG.
LNG Terminals

Atlantic LNG shipping rates remain steady, European prices down

Atlantic spot LNG shipping remained steady this week, whilst European prices dropped compared to last week.

More News Like This

Vessels

Hanwha Ocean says recovery in LNG newbuild market led by US projects

South Korean shipbuilder Hanwha Ocean expects the recovery in the LNG newbuilding market to be led by US export projects and the phase-out of steam LNG carriers.
Vessels

HD Hyundai Heavy kicks off work on Gdansk FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has officially started building MOL's floating storage and regasification unit (FSRU), which will serve Gaz-System's Gdansk LNG project in Poland.
LNG as Fuel

Yang Ming books LNG-powered containerships in South Korea

Taiwan’s Yang Ming Marine Transport has decided to order LNG dual-fuel container vessels from South Korea's Hanwha Ocean as part of its ongoing fleet optimization plan.
Vessels

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA