HMM invests $1.62 billion in 12 new container ships

HMM HD Hyundai container ships LNG dual-fuel maritime investment

South Korean container carrier HMM has announced a major investment of approximately 2.1 trillion won (roughly $1.62 billion) to expand its fleet by 12 vessels. This move is part of the company’s ‘2030 Mid-to-Long-Term Strategy’ to bolster capacity and competitiveness.

The investment includes a contract with HD Hyundai to build eight 13,000-TEU container ships. These vessels will feature LNG dual-fuel propulsion systems to meet international environmental regulations, reducing greenhouse gas emissions by over 23% compared to conventional fuels. Construction will be split between HD Hyundai Samho, which will build six ships, and HD Hyundai Heavy Industries, which will build two. Deliveries are expected to begin in 2029, with the ships primarily serving the Far East-India-Mediterranean (FIM) route.

Additionally, HMM will acquire four feeder vessels (three 2,800-TEU and one 1,700-TEU) through resale agreements to strengthen its ‘hub and spoke’ network. This strategy aims to connect major ports with regional hubs. With this latest deal, HMM’s total investment for the year has exceeded 6 trillion won, bringing the cumulative investment under CEO Choi Won-hyuk to 12 trillion won since March 2025.

Entities

Choi Won-hyuk · HD Hyundai · HD Hyundai Heavy Industries · HD Hyundai Samho · HD Korea Shipbuilding & Offshore Engineering · HMM

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] HMM is executing a 29 trillion won '2030 Mid-to-Long-Term Strategy' to expand its fleet. biz.heraldcorp.com · zdnet.co.kr
[● 2 SOURCES] HMM is acquiring four feeder ships (three 2,800 TEU and one 1,700 TEU) via the resale method. biz.heraldcorp.com · zdnet.co.kr
[● 3 SOURCES] HD Hyundai Samho will construct six of the vessels, while HD Hyundai Heavy Industries will construct two. www.energy-news.co.kr · biz.heraldcorp.com · zdnet.co.kr
[● 3 SOURCES] The 8 new 13,000 TEU container ships are scheduled for sequential delivery to HMM by 2029. www.energy-news.co.kr · biz.heraldcorp.com · zdnet.co.kr
[● 2 SOURCES] HMM's total investment for 2025 is expected to exceed 6 trillion won. biz.heraldcorp.com · zdnet.co.kr
[● 2 SOURCES] The 13,000 TEU container ships will be deployed on the Far East-India-Mediterranean (FIM) route to improve efficiency. biz.heraldcorp.com · zdnet.co.kr
[● 2 SOURCES] HMM is investing 2.1 trillion won to acquire 8 large container ships and 4 feeder ships. biz.heraldcorp.com · zdnet.co.kr
[○ 1 SOURCE] HD Korea Shipbuilding & Offshore Engineering signed a contract with HMM worth approximately 1.92 trillion won for 8 eco-friendly container ships. www.energy-news.co.kr