Hyundai Heavy Industries wins order for 8 Very Large Container ships

Hyundai Heavy Industries Co. Ltd. contracted an order for eight 11,400 TEU container ships with its long-time client CMA-CGM in France. The order is valued at US$1.2 billion and is the largest single order new ship building contract in the world.

The ships will be equipped with the world? largest 98,000bhp marine engines and sail at a speed of 24.7 knots with 11,400 twenty-foot containers. It will measure 363m in length, 45.6m in width and 29.7m in depth and be delivered between mid 2009 and mid 2010.