HMM’s board has approved KRW2.168 trillion of investment in 12 containerships, according to Splash247’s account of a stock-exchange filing.

The programme includes eight 13,000 TEU newbuildings and resale acquisitions of three 2,800 TEU vessels and one 1,700 TEU vessel already under construction. Together, the ships represent 114,100 TEU of planned capacity.

Deliveries are scheduled to finish by December 2029. The report says the yards for the eight larger ships and their propulsion specifications have not been disclosed.

Details in the source report +
Reported details and their context.
DetailValueUnitContext
Vessels in the investment programme12shipsEight fresh orders and four resale acquisitions; delivery remains planned
Combined stated capacity114,100TEUPlanned capacity; arithmetic matches 8×13,000 + 3×2,800 + 1,700
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Source: Splash247 · original report