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HMM’s 24,000 TEU Mega Ships to Start Delivery in April

PortandTerminal.com, January 14, 2020

Hyundai Merchant Marine (HMM) plans to introduce the world’s largest container ships on its Asia-Europe routes starting this April

SEOUL, SOUTH KOREA – The first of the twelve 24,000 TEU ships are undergoing their final touches at the Korean shipyards Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) and are scheduled to be deployed in the Far East-North Europe trade.

The next delivery of the new containerships coincides with the company’s entry into a new containership alliance – THE Alliance; comprising Hapag-Lloyd, Ocean Network Express, and Yang Ming.

READ: ALLIANCE SHAKE-UP – HMM leaves 2M for THE Alliance

According to HMM’s spokesperson, the vessel’s deployment plan for the year 2020 is still being finalized among THE Alliance members and will be unveiled once completed.

Busan Newport International Terminal
Busan Newport International Terminal

 It is believed that the deployment of the giant ships will take place from Busan Newport International Terminal, the Port of Busan, which is the largest port in South Korea.

The company is expected to add around 34 ships to THE Alliance’s network in 2020, according to Alphaliner’s estimates, adding up to 519,000 TEU to the network.

The switch to a new alliance comes as Hyundai Merchant Marine exits the three-year cooperation deal it had with the 2M carriers, Maersk Line and MSC since March 2017.

Apart from the newbuilds that the South Korean major would receive in 2020, another eight 15,000 TEU newbuilds are set to join the company’s fleet in 2021. These expected to be deployed on the Asia – US East Coast route from the second quarter of 2021.

HMM’s fleet will also be strengthened in April 2020 by redeliveries of nine 10,000 – 13,000 TEU ships currently (sub-)chartered out to Maersk and MSC.

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