HMM has ordered 12 newbuild containerships – each with a capacity of 13,000 TEU.

Hyundai Heavy Industries is to build the new vessels at a cost of US$1.57-billon.

An official from HMM said, “Our newly ordered containerships will be fitted with the latest energy-efficient technologies.

“We expect these ships to give us strong environmental credentials, as well as to provide us with the capacity and flexibility to get our customers’ cargo to the right place at the right time.”

According to Alphaliner, HMM is the world’s eighth-largest container line by capacity. The company’s capacity of 826,948 TEU represents 3.3% of the world’s total container-carrying capacity.

HMM’s 12 containerships on order represent about 19% of its total TEU capacity.