Zodiac Maritime firms up 14,300 teu quintet at Hyundai Heavy

Zodiac Maritime firms up 14,300 teu quintet at Hyundai Heavy

Zodiac Maritime has firmed up orders with Hyundai Heavy Industries of South Korea for five boxships. The 14,300 teu vessels will deliver next year and will be dual fuel ready. Brokers Fearnleys states the price per unit is in excess of $100m.

Boxships have been dominating newbuild orders for the past month with more due to be inked shortly. Hyundai Merchant Marine (HMM) has this week asked yards to bid for a mammoth 20-ship order that will see its owned box fleet double in size by 2020.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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