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Press Release

Hyundai Heavy Wins USD 1.2 Billion Containership Order

July 3, 2012 - Hyundai Heavy Industries, the world's biggest shipbuilder, today announced it won a USD 1.2 billion order to build ten 13,800 TEU containerships from a Greek shipowner. Evergreen Marine will charter these megaships.

The containerships, measuring 368 m in length, 51 m in width, and 29.9 m in depth, are scheduled to be delivered from the second half of 2013 to the second half of 2014. The vessels will use 10% less fuel compared to existing similar class containerships.

Since LNG carriers, Drillships and semi-submersible drilling rigs have been the bright spot of the global shipbuilding market recently, Hyundai Heavy's winning of the ultra-large containerships order draws special attentions from the market.

An official at Hyundai Heavy said, "These orders are noteworthy considering the current sluggish shipbuilding market. With the extensive know-how and technology we have accumulated by building more than 500 containerships over the last 40 years, we will continue to build ships tailored to the needs of our clients and the market."

*Photo: A 13,100 TEU Containership Hyundai Heavy Delivered to Rickmers in July 2010


2012-07-04

Please see Hyundai Heavy Industries Co., Ltd. (HHI) company electronic office

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Tel.: +82-52-202-2342
Fax.: +82-52-202-2347
e-mail: hhiopr@hhi.co.kr

Hyundai Heavy Industries Co., Ltd. (HHI) is the world's largest shipbuilding company, headquartered in Ulsan, South Korea. It has seven business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, Engine & Machinery, Electro & Electric Systems, Construction Equipment, and Green Energy.

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