Hamburg Süd adds three more large high-reefer ships to its pipeline

The German container line Hamburg Süd has ordered a three large container ships at Hyundai Heavy Industries of South Korea. The newbuildings are slated for delivery in the second half of 2014. While neither the yard nor the carrier disclosed the vessels’ specifications, the ships are believed to be further units of the recently-launched 9,669 teu CAP SAN NICOLAS type.

Based on this assumption, the three new vessels would add to a series of six such ships owned and operated by Hamburg Süd plus four ships that the Greek non-operating owners Enesel ordered for long-term charters to Hamburg Süd. They would thus take the total number of ships of this type to 13.

With a capacity for up to 2,100 reefer containers (the equivalent of 4,200 teu), Hamburg Süd’s and Enesel’s 333.20m long ships are presently the world’s largest reefer vessels. The lead ship of the series, the CAP SAN NICOLAS, has been delivered earlier this month and it has joined the Far East to ECSA Service ‘ASIA’ which Hamburg Süd offers in cooperation with Maersk (‘ASAS’).

The first six German-owned ships are scheduled for delivery before the end of this year. The four Greek-owned ships are then to follow in the first half of 2014. Finally, the now-ordered three units of Hamburg Süd would follow later that year.

Some brokerage sources claim the vessels were ordered at USD 81million per unit. While this would be in line with numerous recent orders of ‘standard’ compact wide-beam ships of 9,000 teu, linvervision estimates the Hamburg Süd orders to be a more in the price range of about USD 90 million because of their high reefer capacity.

If on the other hand the reported price of USD 81 million is indeed correct, it would be a pointer towards three high-reefer ships of about 7,500 teu to add to Hamburg Sud’s ten-strong DSME-built SANTA CLARA series.

In short: some details of the order remain sketchy and we will have to wait for further information to become available.


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