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HHI wins mega-containership deal worth $600m

Hyundai Heavy Industries, the world’s top shipbuilder, won a $600 million super-sized containership contract.

In a contract recently closed in Hong Kong with Canadian marine corporation Seaspan, HHI agreed to construct five 14,000 TEU containerships, company officials said Wednesday.

The corresponding top-priced deal was the first mega-sized containership order to be placed this year, as well as the first one since the $1.2 billion deal last July ― which, too, was signed by HHI.

The completed ships, equipped with unique fuel-efficient engines and eco-friendly ballast water treatment systems, are to be delivered to the contractor consecutively from 2015 and then chartered to Taiwanese marine company Yang Ming.

Each of them are to be 368 meters in length, 51 meters in width and 30 meters in height ― large enough to accommodate 20 20-foot containers.

HHI set this year’s order-receiving target at $29.7 billion, 52.3 percent higher than last year’s performance.

(tellme@heraldcorp.com)
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