Pandemic Crisis Will Not Delay Delivery of ‘World’s Largest Containership’!

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  • HMM To Take Delivery of the ‘World’s Largest Containership’ in April Amid Pandemic Crisis.
  • The first in a series of seven under construction at the DSME yard in South Korea, will have a nominal capacity of 23,964 teu.
  • The largest box ships currently operating are the six 23,756 teu vessels delivered since last July and deployed on the 2M’s Asia-North Europe services. 
  • Other lines are also expected to join the megamax club soon.

HMM will take delivery of the world’s largest containership HMM Algeciras in April amid Coronavirus pandemic, writes Gavin van Marle for an article published in The LoadStar.

World’s largest containership

South Korean carrier Hyundai Merchant Marine (HMM) will take delivery of the world’s largest containership HMM Algeciras in April with no delay even with the ongoing coronavirus pandemic crisis in the shipbuilding industry.

A research note from Alphaliner today says that the new vessel, the first in a series of seven under construction at the DSME yard in South Korea, will have a nominal capacity of 23,964 teu.

New containership alliance

The largest box ships currently operating are the six 23,756 teu MSC Gulsun-class vessels delivered since last July and deployed on the 2M’s Asia-North Europe services. 

The giant containerships, the largest ones in the world, were set to start their sequential delivery this month coinciding with the company’s entry into a new containership alliance – THE Alliance.

Where will it serve?

HMM has said the HMM Algeciras will be deployed on THE Alliance’s Far East-North Europe 4 service.

Other megamax vessels

Aphaliner has dubbed this new breed of vessels the megamax 24, which includes other vessels under construction for HMM and Evergreen, CMA CGM and MSC.

  • Samsung Heavy Industries in South Korea is building a further five vessels for HMM that will have a capacity of 23,792 teu. 
    • will debut with the launch of the HMM Oslo in April. 
  • MSC has an order at DSME for 12 vessels of 23,656 teu.
    • six of which have already been delivered.
  • Evergreen has four vessels under construction in China, which will have 23,888 teu capacity, and six at Samsung, which will have 23,764 teu capacity.
    • deliveries will begin in April and December 2022, respectively.
  • CMA CGM placed an order for nine 23,112 LNG-powered containerships with two Chinese yards.
    • but although they have the same dimensions as the other megamax designs, they will lose 400-500 teu to the huge fuel tanks LNG requires.

Lines to join Megamax club

According to analysts, other lines were expected to join the megamax club. Competing carriers are expected to place orders for this vessel class in the not-too-distant future, with ONE and Hapag-Lloyd expected to be the next movers.

More LNG-powered ships

“Potentially, this could see orders for more LNG-powered ships and/or the first MGX-24 orders for Japanese yards. But the world’s largest shipping line, Maersk, has so far restrained from committing to this vessel class, as has Cosco.”

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Source: The LoadStar