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Hapag-Lloyd orders six 23,500-TEUers for US$1 billion from Daewoo

GERMAN shipping giant Hapag-Lloyd has confirmed orders with Korea's Daewoo Shipbuilding for six of the world's biggest box ships - 23,500-TEUers - for US$1 billion

28 December 2020 - 05:24
GERMAN shipping giant Hapag-Lloyd has confirmed orders with Korea's Daewoo Shipbuilding for six of the world's biggest box ships - 23,500-TEUers - for US$1 billion.

The contract calls for delivery to Hapag-Lloyd between April and December 2023, reports Fort Lauderdale's Maritime Executive.



'We will not only be able to reduce slot costs and improve our competitiveness on the Europe-Far East trade, but also take a significant step forward in modernising our fleet,' said Hapag-Lloyd CEO Rolf Habben Jansen.



The vessels will be LNG dual-fuel ships with MAN believed to have been selected to provide the engines, said the report. The vessels will be fitted with a state-of-the-art high pressure dual fuel efficient engine, able to operate on LNG and conventional fuel.



The new ships also represent a substantial step-up for Hapag-Lloyd from the company's current largest vessels. The A 18 Class, owned by United Arab Shipping, and operated by Hapag has a capacity of just under 19,000 TEU. Built in 2015, that class of ship each measure 1,312 feet in length and are 199,700 dwt.



By comparison, HMM took delivery on the HMM Algeciras in April 2020, which currently is considered the world's largest containership with a nominal capacity of nearly 24,000 TEU.



In May, when the HMM Algeciras departed Yantian she set a new record with 19,621 TEU of cargo on board, but that was topped in October 2020 by CMA CGM's new vessel the CMA CGM Jacques Saade



On her maiden voyage, she reportedly departed carrying 20,723 TEU worth of cargo - about 10 per cent below her nominal maximum capacity of 23,112 TEU.



Hapag said that it plans to deploy its new class of ships on the Europe-Far East routes as part of THE Alliance. The company believes that they will increase its competitiveness in this trade.



Currently, Hapag-Lloyd operates a worldwide fleet of 234 containerships with a total capacity of 1.7 million TEU.


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