New World’s Largest Vessel Launched
HMM
Sea Freight

New World’s Largest Vessel Launched

Hyundai Merchant Marine Unveils the 24,000 TEU HMM Algeciras

TLME News Service

HMM has held a naming ceremony for a 24,000 TEU-class containership ‘HMM Algeciras’, the world’s largest containership, at the DSME (Daewoo Shipbuilding & Marine Engineering)’s Okpo shipyard in Geoje, South Korea.

About 160 distinguished persons attended the ceremony, including Moon Jae-in, the President of the Republic of Korea.

First Lady Kim Jung-sook served as ‘godmother’ who cut the ropes to officially name the ship during the ceremony.

‘HMM Algeciras’ is the first of twelve 24,000 TEU-class vessels scheduled to be sequentially delivered until September 2020.

Moon Jae-in, President of the Republic of Korea at the opening ceremony
Moon Jae-in, President of the Republic of Korea at the opening ceremony HMM

In September 2018, HMM signed a formal contract for its twenty eco-friendly mega container vessels with three shipyards – DSME, HHI (Hyundai Heavy Industries) and SHI(Samsung Heavy Industries) in an effort to take proactive actions towards market change as well as form a sustainable profit-generating structure.

DSME and SHI build seven and five 24,000 TEU-class containerships, respectively, which are expected for delivery until September 2020.

Moon Jae-in, President of the Republic of Korea said: “For me, it is very meaningful that HMM takes delivery of the most technologically advanced containership in this difficult time.

“I would like to celebrate it and hope that HMM continues to secure a competitive advantage as a Korean national flagship carrier.”

Vessel Particulars: HMM Algeciras

LOA: approx. 399.9m

Beam: 61.0m

Depth: 33.2m

Capacity: 23,964 TEU

Flag: Panama

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