Hyundai's Shipbuilding Arm Inks Massive $1.46B Container Ship Deal—Largest in Nearly Two Decades

Hyundai Heavy Industries just landed a blockbuster order: HMM is commissioning 8 ultra-large container ships worth $1.456 billion, marking the company’s biggest container ship haul since the 2007 shipbuilding supercycle.

The specs matter here. These aren’t your average cargo vessels—each 13,400-TEU behemoth stretches 337 meters long with LNG dual-fuel engines and 50% expanded fuel capacity for better efficiency. Think of it as container ships getting the “eco-friendly” upgrade the industry’s been pushing for.

The breakdown: HD Korea HI handles 2 units, HD Samho gets 6. Delivery timeline runs through mid-2029. Stock reaction? HD Korea shipbuilding shares popped ~3% on the news.

Here’s the bigger picture. This year alone, HD KSOE has racked up 720,000 TEU across 69 container ship orders. That’s serious manufacturing momentum. The company’s betting decarbonization and fuel efficiency are where the next wave of shipping orders flow—and this deal proves the market’s listening.

Long game: Hyundai’s using its tech edge and customer relationships to lock down more of the global maritime decarbonization play.