Merchant Marine Co., South Korea’s leading shipping company, has signed letters
of intent (LOIs) for its mega containership orders for 20 container carriers
with three shipyards on June 15, 2018; the three shipyards are Hyundai Heavy
Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung
Heavy Industries Co.
Since HMM sent out a Request
for Proposal (RFP) to shipbuilding companies on April 10, HMM has
considered all the conditions for newbuilding including delivery date and
price of new ships suggested by shipbuilders, and finally selected
three shipbuilders to sign a Letter of Intent (LOI) for 20 new vessels,
says an official statement.
DSME and Samsung Heavy
Industries will build seven and five 23,000 TEU containerships respectively
which are expected to deliver in the second quarter of 2020, and Hyundai
Heavy Industries will construct eight 14,000 TEU containerships to be
delivered in the second quarter of 2021.
HMM will negotiate further
details of new shipbuilding and sign the formal contract.