Peter T. Leach | May 02, 2011 11:02AM EDT
Hanjin Shipping took delivery of the fourth in a series of five container ships with capacities of 10,000 20-foot equivalent units.
Samsung Heavy Industries built the Hanjin Spain in South Korea.
The mega-ship is one of many large container ships slated for delivery this year, which has led analysts to warn of increasing overcapacity that will depress freight rates.
Hanjin said the Hanjin Spain will be deployed May 7 on the AE-6 service on the Asia- Europe trade, where it will have the following port rotation: Kwangyang, Busan, Ningbo, Shanghai, Xiamen, Hong Kong, Yantian, Felixstowe, Hamburg, Rotterdam, Singapore and back to Kwangyang.
The fifth and last in the series of 10,000-TEU ships is scheduled for delivery later this year.
Each of the ships in the series is 1,145 feet long by 150 feet wide. Each has a loadable capacity of 9,954 TEUs, a deadweight of 119,000 tons, and a top speed of 25.1 knots.
-- Contact Peter T. Leach at pleach@joc.com. Follow him on Twitter @PeterTLeach.