Hyundai Heavy Industries to Build 4 Massive Cargo Ships

The world’s largest shipbuilder Korean-based Hyundai Heavy Industries Co. (HHI) has obtained the contact to build four massive container ships. The Chinese shipping group Cosco Asia Maritime placed the order.

The ships, to be built for delivery by 2008, will be have decks the size of three soccer fields. Currently, the world's largest container ship is 8000 TEU and was built by in 2004 by Hyundai Heavy Industries for German ship owner Conti Reederei Gmbh. The new ships will be over 10,000 TEU.

HHI said the orders mean it has taken some 30 percent of the world’s large container ship (over 8,000 TEU) market.

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