Hyndai Heavy Industries

Brokers: Zodiac Maritime Tied to Five 14,000 TEU Ships at HHI

London-based Zodiac Maritime has beefed up its orderbook with five ultra large containerships, according to the data from Fearnleys.

Image Courtesy: HHI

The ships feature 14,000 TEU in capacity and will be dual-fuel ready, the shipbroker said.

South Korean shipbuilder Hyundai Heavy Industries (HHI) is said to have secured the order, however, the builder is yet to officially confirm the deal. The newbuilding series is earmarked for delivery in 2019.

Zodiac Maritime has 132 vessels in its live fleet, including 15 newbuildings.

In particular, five containerships of 11,000 TEU are already being built by Hyundai and are set for delivery in 2019. Eight Post-Panamax containerships are being built by Chinese Zhejiang Ouhua, and the remaining two small chemical tankers are being constructed at Kitanihon Zosen in Japan, data from VesselsValue shows.

HHI has made a big comeback to the shipbuilding scene having reaped the fruits of renewed interest from owners to order new ships. The company has secured orders for over 30 ships since the start of the year.

The market recovery has also seen ship prices tick up.

World Maritime News Staff