What will be the size of the largest containerships ordered by the end of this year?

10,000 TEU
12,000 TEU
15,000 TEU

August 11, 2005

HHI wins order for four 9,700 TEU box ships

Korea's Hyundai Heavy Industries Co. (HHI) reports that it has received an order worth $530 million from C.P. Offen of Germany for four (4) 9,700 TEU containerships.

The vessels will have a length of 350 m, width of 42.8 m, depth of 27.2 m and a service speed of 25.3 knots. Each vessel will have a 93,000 brake horsepower engine. The ships are set to be delivered by 2008.

Hyundai Heavy Industries (including its Samho Heavy Industries unit) now has 70 super-large containerships over 8,000 TEU on its order book, claiming a 40 percent share of the global containership market share. Its orders include the four 10,000 TEU ships ordered by China's COSCO in January.

HHI has secured orders for 76 ships worth $7.9 billion this year, bringing its backlog to 250 ships, worth more than $20 billion.


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