The Samsung Heavy Industries shipyard in South Korea is at present working on what will soon be the biggest container ship in the world with a capacity of carrying 24,000 containers at once.
The HMM St. Petersburg built by the Daewoo Shipbuilding and Marine Engineering is the last of the 12 in the new 24,000 TEU class of vessels that contributes to South Korea’s 5-year plan to revive its shipping industry. Each vessel costs anywhere between $140-151 million each.
The container ship is scheduled...