ONE returns to HD Hyundai for $1.2bn LNG-fuelled boxship deal

Ocean Network Express has returned to South Korea’s HD Hyundai Heavy Industries for another batch of LNG-capable containerships, pressing ahead with its long-term alternative-fuel fleet renewal strategy despite scaling back earlier expansion plans. Market sources identified the Singapore-headquartered liner operator as the buyer behind a $1.22bn newbuilding contract announced by HD Korea Shipbuilding & Offshore …

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