The series order for 5,000 teu units at Hyundai three months ago was originally structured as four firm vessels and three separate pairs of options, adding up to a potential project of up to 10 vessels in all.
The fifth vessel appears to have been negotiated with HHI as a result of a five-vessel charter with Korean liner operator Hyundai Merchant Marine.
A containership broker said that HMM has tied up the five ships at a daily rate of $29,900 for “in excess of 10 years”.
Delivery dates for the first four vessels run from November 2012 to April 2013.
Brokers have reported a newbuilding price of about $60m each for the vessels.
Published : August 12, 2011