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HMM OSLO, HMM SOUTHAMPTON & HMM ROTTERDAM

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Photographer:lappino [View profile]Title:HMM OSLO, HMM SOUTHAMPTON & HMM ROTTERDAMAdded:Mar 29, 2020
Captured:March 29, 2020IMO:UnavailableHits:1,308
Photo Category: Ships under Construction
Description:
A family photo for Hyundai Merchant Marine, of three big babies fitting out at Samsung shipyard on Geoje Island.
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Photo Comments (4)

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lappino on Mar 30, 2020 04:45 (2 months ago)
Thank you all for your comments.

Supported to some extent by the Korean government, sure, but Samsung shipyard was not in crisis during *that* time 4 years ago when, for instance, SPP shipyard folded, and Sungdong went into receivership.

This 'ere is 70.000+ TEU of capacity, but it seems like HMM is not really in a hurry to get them, as it would indeed be very hard to fill them up to any money making capacity these days. Priorities have changed. Now it's a) stayin' alive, and only then b) start consuming frantically again... :)

Cheers

Vlad
MO Roy on Mar 29, 2020 23:01 (2 months ago)
The question is how are they going to fill them these days.
@ rd77 sure the taxpayer paid for them.
Great set of pictures Vlad!
Thanks.
Cheers,
Roy
csaba on Mar 29, 2020 20:09 (2 months ago)
I guess there is no risk of over saturation of big container ships. Anybody has any investment in them?
rd77 on Mar 29, 2020 17:05 (2 months ago)
A family photo of South Korean government support for shipbuilding ;-)
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