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Home›Shipbuilding›Hanjin’s Subic Shipyard Lands 11,000 TEU Boxship Deal
Shipbuilding

April 22, 2015 · about 11 years ago

Hanjin’s Subic Shipyard Lands 11,000 TEU Boxship Deal

Hanjin Heavy Industries & Construction’s (HHIC) Philippines-based Subic Shipyard has signed a deal to build six 11,000-TEU containerships for European and Asian shipping companies, the company said. HHIC did not disclose the names of the companies behind the orders. The shipyard won six 11,000-TEU c

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Hanjin Heavy Industries & Construction’s (HHIC) Philippines-based Subic Shipyard has signed a deal to build six 11,000-TEU containerships for European and Asian shipping companies, the company said.

HHIC did not disclose the names of the companies behind the orders.

The shipyard won six 11,000-TEU containership orders after landing a deal to build three 26,000-TEU containerships early in this month. In all, it has won nine ship orders for the month, worth KRW 1.1 trillion (around USD 1 billion). The latest ordered 11,000 TEU boxships will feature 330 meters in length, 48 meters in breadth, and 27 meters in depth. Designed with state-of-the-art technology in the hull and propeller, the fuel-efficient and eco-friendly ships are slated to be delivered in sequence from the late 2016 to 2017.

“ Based on extensive knowhow and advanced technology in the construction of container ships, we have received orders in a row, which would result in some increase in revenue,” an official from the HHIC said. “ The normalization of Yeongdo Shipyard would further enhance our performances and have a significant effect on our global reputation.”

The company said that it was in discussion for a number of deals, adding that more orders are expected soon.

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