HMM said all 12 of its 24,000-twenty-foot equivalent unit (TEU) container ships are now carrying cargo.
The last of the series, the HMM St. Petersburg, departed the Port of Yantian in China with 19,529 TEUs on board on Wednesday. The St. Petersburg will transit the Suez Canal en route to the Port of Rotterdam, the Netherlands, with an estimated arrival on Oct. 23.
“This is a major milestone for us to expand our presence in the global market in close cooperation with THE Alliance,” HMM President and CEO Jae-hoon Bae said in a statement Monday. “I am delighted that our efforts and dedication have come to fruition, which gave us a much-needed uplift. We will take a big step forward to prove what we are capable of in the years ahead.”
HMM signed a contract for the 12 ships in September 2018. Daewoo Shipbuilding & Marine Engineering (DSME) built seven and Samsung Heavy Industries built five.
The first, the HMM Algeciras, was deployed in April carrying 19,621 TEUs. The HMM Algeciras and sister ships HMM Oslo and HMM Copenagen have all embarked on their second journeys from Asia to Europe.
Considering the safety of vessel operations and cargo weight, the maximum loadable capacity of each of the 24,000-TEU ships stands at about 19,300 TEUs, HMM said.
HMM expects to take delivery of eight 16,000-TEU container ships in the second quarter of 2021.
Formerly known as Hyundai Merchant Marine, HMM is South Korea’s national flagship carrier, with a fleet of more than 100 vessels.
HMM may explore autonomous ships, trans-Atlantic trade
HMM makes steep climb toward profitability
HMM deploying world’s largest container ship
Click for more American Shipper/FreightWaves stories by Senior Editor Kim Link-Wills.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now