Financial Ports

HMM’s $1.4bn Bet on 13,000-TEU Ships Fuels Record Orderbook Fears

CLAVE 1 / 4HMM has placed a $1.42bn order for eight 13,000-TEU containerships with HD Hyundai, due from 2029.

CLAVE 2 / 4The new dual-fuel vessels will serve the Far East–India–Mediterranean route, reinforcing HMM’s hub-and-spoke strategy.

CLAVE 3 / 4Global containership orderbook hits 16.2m TEU, a post-2009 peak of 46.5% of the existing fleet, analysts warn.

CLAVE 4 / 4HD Hyundai’s 2026 orderbook now stands at $20bn, nearly 87% of its annual target.

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