Maersk Line of Denmark has contracted South Korean shipbuilder Hyundai HI (HHI) to build a new series of 14,000 teu box ships.
With pricing at USD137.5 million per vessel, the order covers nine firm ships and eight options.
The newbuilding contract was signed today (8 July) at Maersk’s head office in Copenhagen by Sam H Ka, COO of HHI, and Søren Toft, COO of Maersk Line.
“This is the third newbuilding order in Maersk Line’s investment programme announced in September 2014,” said Maersk.
“The order follows the seven 3,600 teu feeder vessels and 11 19,630 teu Triple-E vessels announced earlier this year as part of Maersk Line’s USD15 billion investment in newbuildings, retrofitting, containers, and other equipment.”
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Delivery of the firm newbuildings is expected during 2017, with all nine ships to be flagged in Singapore.
The order represents repeat business for HHI from Maersk.
In its most recent previous contract with the shipyard, Maersk placed orders in 2008 and 2009 for 22 4,500 teu box ships, which have are been deployed in Asia/West Africa service since their delivery from 2011.
This post was sourced from IHS Maritime 360: View the original article here.