The South Korean shipping company HMM has formalized a Huge investment of 4,027 billion won (2.82 billion to order 12 new 13,000 TEU containerships from the total value of about 3,500 billion won and two ships Very Large Crude Carrier tank with a total value of over 400 billion won. Eight container carriers will be built by HD Hyundai Heavy Industries, which will also build the two VLCCs, and four from Hanwha Ocean. The new full containers produced by the South Korean shipbuilding companies will be able to be powered by liquefied natural gas. HMM specified that the new units will be taken delivery by April 2029.

For the South Korean shipping company, this is the most significant order issued since 2018, the year in which it ordered 20 ships, including 12 container ships of 23,000 TEUs and eight of 14,000 TEUs ( of 4 June 2018). In the container carrier segment, the continued in 2021 and 2023 with lower value orders respectively for the construction of 12 ships of 13,000 TEUs and Nine ships of 9,000 TEUs ( of 29 June 2021 and 14 February 2023).