HJ Shipbuilding & Construction has signed a contract worth 678.9 billion won for the construction of four 10,100 TEU (Twenty-foot Equivalent Unit) container ships with a shipping company in the Pacific. This news was published on September 22, and according to the information from the electronic disclosure system of the Financial Supervisory Service, this contract is equivalent to 33.9 percent of the company's sales last year.
Contract Details and Delivery Timeline
The mentioned ships are scheduled to be delivered to their owner in April 2029. With this contract, HJ Shipbuilding & Construction has secured a total of eight 10,000 TEU container ships for construction this year. The company had previously received an order for a 10,000 TEU container ship in February, and in April, two more ships were added to the previous orders.
Technology and Design of the Ships
The ships are models designed and produced by HJ Shipbuilding & Construction to meet the dock specifications at the Yeongdo port in Busan. The company has focused on reducing fuel consumption and greenhouse gas emissions, utilizing high-efficiency hull and propulsion design technologies. Additionally, the capacity for carrying refrigerated containers used for transporting perishable and frozen goods has been increased to meet the demand for transporting high-value-added cargo.
The ships are equipped with sulfur reduction systems, SOx washing, and "methanol-ready" design to comply with the stringent regulations of the International Maritime Organization (IMO). Yoo Sang-chul, CEO of HJ Shipbuilding & Construction, stated that the company has established the necessary infrastructure for building 10,000 TEU container ships in Yeongdo due to its experience and technological strength gained in the medium to large container ship market. He also added that the company is pursuing a selective strategy to attract orders with a focus on profitability and enhancing competitiveness in the field of ecological and high-efficiency container ships.
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