Maritime Industry Briefing: HD Hyundai Leads Innovation Push as Torm Shareholder Exits

## HD Hyundai Delivers World-First Lashing-Free Containership HD Hyundai has achieved a significant industry milestone with the delivery of what it describes as the world's first containership designed to eliminate manual lashing operations. The 13,000 TEU vessel, which is also methanol dual-fuelled, has been handed over to French shipping giant CMA CGM, according to Splash247. Manual lashing — the process of securing containers to prevent movement at sea — has long been one of the most physically demanding and hazardous tasks in container shipping. By engineering out this requirement, HD Hyundai is addressing both labour costs and crew safety concerns that have persisted across the industry for decades. The combination of lashing-free technology with methanol dual-fuel capability positions the vessel at the forefront of both operational efficiency and decarbonisation efforts, reflecting the growing pressure on shipowners and operators to future-proof their fleets. The delivery to CMA CGM, one of the world's largest container carriers, underscores the French line's continued appetite for technologically advanced tonnage as competition among major carriers intensifies. ## HD Hyundai Heavy Wins Korean Offshore Wind Substation Contract In a separate development, HD Hyundai Heavy Industries has secured a full EPCIC (engineering, procurement, fabrication, installation, and commissioning) contract for the offshore substation serving South Korea's 500MW Taean offshore wind project, Splash247 reports. The award reinforces HD Hyundai's strategic positioning in the fast-growing offshore wind sector, where Korean shipbuilders are increasingly competing for high-value infrastructure contracts. A 500MW project represents a substantial addition to South Korea's renewable energy capacity, and the full-scope EPCIC contract gives HD Hyundai Heavy end-to-end responsibility — a commercially significant mandate that could serve as a reference project for future international bids. ## Torm's Former Top Shareholder Heads for the Exit On the ownership and investment side, Brookfield-controlled OCM Njord is moving to fully divest its remaining 6.17% stake in Danish product tanker owner Torm, according to Splash247. The sale would mark the conclusion of an ownership position that dates back to Torm's financial restructuring in 2015, when OCM Njord played a central role in stabilising the company. The exit comes as product tanker markets have experienced a period of relative strength, potentially offering OCM Njord a favourable window to realise its remaining investment. For Torm, the departure of its former anchor shareholder may prompt questions about future ownership structure, though the company has grown considerably in scale and financial stability since its restructuring a decade ago. --- *Sources: Splash247*