Hapag-Lloyd orders mega boxships

16 Dec 2010
One of Hapag-Lloyd’s post-Panamax boxships, the 8,749 TEU ‘Colombo Express’

One of Hapag-Lloyd’s post-Panamax boxships, the 8,749 TEU ‘Colombo Express’

Germany’s Hapag-Lloyd recently ordered four 13,200 TEU container vessels from the Korean shipbuilder Hyundai Heavy Industries (HHI).

It was also agreed that the six containerships ordered from HHI at the beginning of 2008 should be upgraded to the same capacity. These ten large vessels are scheduled for delivery between mid-2012 and the end of 2013 at a total cost of $1.45 million.

The newbuildings are intended for service on the Far East routes operated jointly with the partners in the Grand Alliance. Hapag-Lloyd has also bought back its company headquarters in Hamburg’s Ballindamm, a building steeped in tradition.

“This is a clear sign that Hapag-Lloyd has returned to its previous position of strength and will take advantage of its opportunities to grow profitably”, said Michael Behrendt, chairman of the executive board of Hapag-Lloyd AG. “The step up to the next vessel size is as well-considered as it is important for Hapag-Lloyd. The repurchase of our Ballin-House, which we are especially pleased about, is also of great symbolic value.”

Links to related companies and recent articles ...

Hyundai Heavy Ind Co-Marine Engines

view more