DSME Reveals Price Tag for MSC’s Behemoths

South Korea’s shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) said in a regulatory filing on Thursday that it has clinched a deal for five 22,000 TEU containerships.

The quintet has been ordered by Swiss-based Mediterranean Shipping Company (MSC), as confirmed yesterday by the company, as part of an order for 11 ships.

Even though MSC did not want to disclose details of the deal, DSME said the five ships have been contracted for KRW 926.6 billion (USD 817 million).

Six more units have been ordered from DSME’s compatriot builder Samsung Heavy Industries (SHI), bringing the overall value of the contract to around USD 1.8 billion, with MSC paying approximately USD 163 million apiece.

The shipbuilder added that the five ships are slated for delivery by March 2020. In addition, the contract includes options with regard to the ships’ propulsion systems, which, once decided, will influence the final value of the contract, according to DSME.

The latest order has pushed DSME’s order backlog value to USD 2.57 billion or 23 ships, which is equivalent to 56.2 percent of its annual order target of USD 4.57 billion, Yonhap reports.

MSC’s decision to order 22,000 TEU giants, which will become the world’s largest containerships based on TEU capacity, follows CMA CGM’s order confirmation for up to nine 22,000 TEU ULCVs to be built by Chinese yards.

The two orders have brought the 22,000 TEU ULCV tally to 20 ships.

World Maritime News Staff



Share this article

Follow World Maritime News

Posted on September 22, 2017 with tags , .

In Depth>


<< Mar 2020 >>
24 25 26 27 28 29 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >


The future of the maritime sector is the point of focus during Maritime Industry 2020.

read more >