In South Korea, shipping line HMM has ordered twelve 13,000-TEU LNG-fueled container ships from shipbuilders HD Hyundai Heavy Industries and Hanwha Ocean, in a deal worth 3.05 trillion won ($2.2 billion). The order marks HMM’s largest since its 2018 “big order” program and adds to its growing fleet of dual-fuel vessels.
All twelve ships will be powered by liquefied natural gas, which the company described as an immediately deployable low-carbon option amid tightening IMO and EU emissions rules. According to DNV, LNG reduces greenhouse gas emissions by over 23 percent and cuts NOx and SOx by 80 and 99 percent, respectively, compared to conventional fuels.
This latest investment brings HMM’s alternative-fuel fleet to 23 vessels, including nine methanol-fueled ships ordered in 2023 and two existing LNG-fueled units.
HMM said the order advances its dual goals of expanding capacity and boosting environmental competitiveness, aligning with its 2030 long-term strategy.
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Category: Sustainable Marine Fuels
