Maersk Line has signed a $1.1 billion contract for nine 14,000-TEU ships from Korea’s Hyundai Heavy Industries, its third major order this year, as it accelerates a $15 billion investment program aimed at consolidating its ranking as the world’s largest ocean container carrier.
Hyundai Heavy Industries
Hyundai Heavy Industries
Founded in 1947, Hyundai Heavy Industries is the world's largest shipbuilding company. Based in Ulsan, South Korea, the company commands a global marketshare of 15 percent. The company controls approximately 40 percent of the global container ship market.
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13 Feb 2014
Zim has canceled its remaining orders for four 12,552-TEU ships from Samsung Heavy Industries and four 8,800-TEU ships from Hyundai Samho...
03 Feb 2014
United Arab Shipping Co. today said it has exercised an option for six additional 14,000-TEU container ships, taking its total order book to 16 vessels worth more than $2 billion.
20 Jan 2014
China Shipping Container Lines has upgraded the capacity of five ships on order at Hyundai Heavy Industries from 18,400 TEUs to 19,000 TEUs, the South Korean shipyard said today as it began construction of the first of the world’s largest container vessels.
19 Dec 2013
United Arab Shipping Co. has closed a $1.251 billion loan for the partial financing of seven 14,000-TEU container ships and five 18,000-TEU container ships...
10 Sep 2013
The recent surge in orders for mega-ships risks delaying the recovery in liner shipping beyond 2015, according to industry analyst Alphaliner.
30 Aug 2013
United Arab Shipping Co. has placed a $1.4 billion order for five 18,000-TEU container ships and five 14,000-TEU vessels with South Korea’s Hyundai Heavy Industries.
15 Aug 2013
Compañía Sud Americana de Vapores has approved the sale of two 6,500 20-foot-equivalent unit ships, in line with the Chilean carrier’s strategy of having larger and more efficient ships.
25 May 2013
Hamburg Süd has christened two container ships, the Cap San Nicholas and the Cap San Marco, at the Hyundai Heavy Industries yard in Ulsan, South Korea.
06 May 2013
South Korea’s Hyundai Heavy Industries today confirmed it has won a $700 million order to build five of the world’s largest container ships for China Shipping Container Lines.
16 Jan 2013
Hong Kong-based container ship lessor Seaspan has signed contracts for the construction of five 14,000-TEU container ships at Hyundai Heavy Industries.
03 Jul 2012
Taiwanese carrier Evergreen has finally embraced mega container ships, agreeing to charter 10 13,800 20-foot equivalent unit vessels ordered today at South Korea’s Hyundai Heavy Industries.
13 Dec 2011
Hyundai Merchant Marine closed on a $500 million debt facility on Tuesday from a syndicate of financial institutions led by DNB Bank
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