HD Hyundai Secures Historic 1.46 Billion USD Contract for Container Ships
HD Hyundai Achieves a Milestone in Shipbuilding
HD Hyundai has reached a remarkable milestone in the shipbuilding industry by securing an order valued at approximately 1.46 billion USD for eight ultra-large container ships. This achievement marks the largest order for container ships in the last 18 years since the shipbuilding boom in 2007. The contract was officially announced by HD Korea Shipbuilding & Offshore Engineering (HD KSOE) on November 23, 2025, highlighting the company's ongoing advancement in maritime technology and commitment to sustainability.
The agreement was signed with HMM, a major player in the shipping industry, to construct eight 13,400-TEU dual-fuel container ships. Each vessel will be about 337 meters long, 51 meters wide, and 27.9 meters high, and will feature advanced LNG dual-fuel engines alongside significantly enlarged fuel tanks that are approximately 50% larger. This enhancement not only boosts the operational efficiency of the ships but also aligns with global efforts for a greener shipping industry.
Out of these eight vessels, two will be built by HD Hyundai Heavy Industries (HHI) while the remaining six will be constructed by HD Hyundai Samho. Deliveries are expected to take place consecutively, culminating in the first half of 2029.
This contract is particularly significant as HD Hyundai has recorded a total of 720,000 TEU worth of orders this year, marking its largest volume since 2007, during a time when the global demand for cargo reached its peak. Their proactive approach in securing contracts has positioned HD Hyundai at the forefront among domestic shipbuilders, reflecting the company's ability to meet market demands effectively.
In an industry where operational costs are a crucial consideration, HD Hyundai's container ships are known to provide an excellent balance between initial pricing and lifecycle costs, thus proving to be competitive in long-term operations. Notably, since 2023, HD Hyundai has incorporated the HiNAS Control, an autonomous navigation assistance system from its subsidiary Avikus, into its new vessels. This innovative technology has reportedly reduced carbon emissions by 15% and improved fuel efficiency by the same margin, showcasing the company's dedication not only to profitability but also to environmental responsibility.
An HD Hyundai spokesperson stated, "We are solidifying our position in the global market based on our advanced technological capabilities and the trust of our customers. Our future endeavors will continue to focus on eco-friendly and high-efficiency vessels, leading the decarbonization of both the shipbuilding and shipping industries."
As HD Hyundai continues to innovate within the sector, its latest contract not only signals a resurgence in large-scale ship orders but also reinforces the critical role of sustainable practices in maritime transportation. In conclusion, this significant victory for HD Hyundai is a testament to its pioneering spirit and commitment to leading the charge in the evolving landscape of global shipping. Industry experts and stakeholders are keenly observing how these developments will unfold in the coming years and the impact they will have on the future of maritime operations.