Urgent.News

What's breaking now, across thousands of outlets.

Business

HJ Shipbuilding wins four 10,100‑TEU container ship order in Korea

HJ Shipbuilding & Construction said it signed a contract to build four container ships worth a total of 678.9 billion won for a shipping company in Oceania. According to the Financial Supervisory Service’s electronic disclosure system on the 23rd, HJ Shipbuilding & Construction disclosed that on the 22nd it won an order for four 10,100-TEU ...

HJ Shipbuilding & Construction has secured a significant contract to build four container ships worth 678.9 billion won for a shipping company in Oceania, according to the Financial Supervisory Service's electronic disclosure system. The four 10,100-TEU class container ships will be delivered to the shipowner in April 2029, representing 33.9% of last year's sales.

This order brings the company's total number of 10,000-TEU class container ships ordered this year to eight. HJ Shipbuilding & Construction developed a proprietary 10,000-TEU model to match the specifications of the Yeongdo Shipyard in Busan, focusing on reducing fuel consumption and greenhouse gas emissions through high-efficiency propulsion and hull-form design technologies.

The ships also have enhanced capacity for reefer containers and feature a desulfurization system, an SOx scrubber, and are "methanol-ready" to respond to stricter regulations by the International Maritime Organization. CEO Yu Sang-cheol stated that the company's experience and technological strength in the medium- to large-size container ship market has laid the groundwork for building 10,000-TEU class container ships at the Yeongdo Shipyard, and they will continue to prioritize profitability and eco-friendliness in their shipbuilding strategy.

Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at hellenicshippingnews.com →

More in Business

Samsung Heavy Reaches First Wage Deal Among Korea’s Big Three Shipbuilders

Samsung Heavy Industries has become the first of South Korea’s three major shipbuilders to conclude this year’s wage negotiations, bringing months of labor-management tensions to an end.

  • Samsung Heavy Industries reaches first wage deal among Korea's big three shipbuilders.
  • 58.78% of 3,880 union members ratify the agreement.
  • Agreement includes 5.2% pay increase, 7 million won incentive, and extended retirement period.

Maersk launches successfully 72,000sqm warehouse in the heart of Germany

Maersk has launched operations at a new logistics centre in Herleshausen strengthening its contract logistics footprint and providing a central hub for goods flows across Germany and neighbouring…

  • Maersk constructs 72,000 sqm warehouse in Herleshausen, Germany.
  • Facility serves as central distribution point for German and European markets.
  • Solar panels and EV charging stations installed for sustainability.

NorthStandard partners with PntGuard to help Members combat GNSS jamming and spoofing

NorthStandard has entered a partnership with SGM Technology to offer its Members the innovative PntGuard™ platform for authenticating ship position signals in real time on preferential terms, to help…

  • NorthStandard partners with SGM Technology to combat GNSS jamming and spoofing
  • PntGuard platform offers 15% discounted access for NorthStandard Members
  • PntGuard detects spoofing, maintains navigational resilience

Which Indian Shipyards Can Actually Build a VLCC?

India is steadily emerging as a formidable player in the global shipbuilding landscape. However, constructing a Very Large Crude Carrier (VLCC) demands capabilities that extend far beyond conventional…

  • SDHI in Pipavav has largest dry dock accommodating vessels up to 400,000 DWT, ideal for VLCCs.
  • Cochin Shipyard's new dry dock handles up to 300,000 DWT, narrower focus on smaller vessels.
  • MDL in Mumbai excels in naval engineering, capable of delivering sophisticated vessels.

More from Wednesday 23 September →