HJ Shipbuilding wins 678.9676 billion won order for four 11,000-TEU ships

  • HJ Shipbuilding & Construction secured four 11,000-TEU container ship orders from an Oceania-based shipping company.
  • The contract is worth 678.9676 billion Korean won and represents 33.9% of last year’s sales.
  • HJ Shipbuilding will deliver the vessels in April 2029, bringing this year’s 10,000-TEU-class orders to eight.

HJ Shipbuilding & Construction has secured a 678.9676 billion Korean won ($502.5 million) contract from an Oceania-based shipping company for four 11,000-TEU-class container ships. Disclosed through the Financial Supervisory Service’s electronic system on the 23rd, the order equals 33.9% of the company’s sales revenue last year, with delivery scheduled for April 2029. The contract brings HJ Shipbuilding’s 10,000-TEU-class container ship orders this year to eight, following one order in February and two in April. The vessels use an in-house design tailored to the Yeongdo Shipyard in Busan, with high-efficiency propulsion and hull technologies intended to reduce fuel consumption and greenhouse gas emissions. They also offer greater reefer-container capacity, scrubbers for desulfurization and a methanol-ready design aimed at meeting tighter International Maritime Organization requirements. CEO Yoo Sang-chul said the company will pursue selective, profitability-focused orders while strengthening its position in high-efficiency, eco-friendly and high-value-added container ships.

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