HMM Names World’s Largest Container Vessel, 24,000 TEU Giant, ‘HMM Algeciras’ At DSME Shipyard.

Marine Marchande
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HMM 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, Korea.

About 160 distinguished persons attended the ceremony, including Moon Jae-in (President of the Republic of Korea), Hong Nam-ki (Deputy Prime Minister and Minister of Economy and Finance), Moon Seong-hyeok (Minister of Oceans and Fisheries), Eun Sung-soo (Chairman of Financial Services Commission), Lee Dong Gull (Chairman and CEO of Korea Development Bank), Hwang Ho-seon (President of Korea Ocean Business Corporation) and Bae Jae Hoon (President and CEO of HMM).

In particular, 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.

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. HHI constructs eight 16,000 TEU-class containerships to be delivered from the second quarter of 2021.

HMM plans to enhance its environmental capabilities by operating newly-launched twenty containerships. The vessels are basically equipped with a scrubber system in preparation for IMO 2020 environmental regulation. Optimised hull design and highly-efficient engine are also expected to improve energy efficiency and reduce carbon emissions.

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