HHI wins US$1.4bn order

30 Aug 2013
The companies signed a contract worth US$1.4bn

The companies signed a contract worth US$1.4bn

Hyundai Heavy Industries (HHI) is to build ten containerships for the United Arab Shipping Company (UASC) as part of a US$1.4bn order.

The five 18,000 teu and five 14,000 teu class boxships will each feature an electronically-controlled main engine to maximise fuel efficiency and reduce noise, vibrations and carbon emissions.

UASC’s order also includes options for an additional 18,000 teu class containership and six additional 14,000 teu class boxships.

The vessels are scheduled to be delivered from late 2014 and the first half of 2015.

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