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Hanwha Ocean clinches 1.5 tln-won deal for 6 container ships from Taiwan's Yang Ming

SEOUL, Sept. 3 (Yonhap) -- Hanwha Ocean Co. said Thursday it has won a 1.55 tril...

Hanwha Ocean clinches 1.5 tln-won deal for 6 container ships from Taiwan's Yang Ming

Hanwha Ocean secured a substantial $1.14 billion deal to construct six liquefied natural gas (LNG) dual-fuel container ships for Taiwan's Yang Ming Marine Transport Corp. The order, valued at 1.55 trillion-won, includes 13,650 twenty-foot equivalent unit (TEU) vessels. These ships will be manufactured at Hanwha Ocean's facility in Geoje, South Korea, and delivered by the latter half of 2029.

The newly constructed vessels will feature Hanwha Ocean's innovative high-manganese steel-based Type-B LNG fuel tanks. These advanced tanks are designed to enhance both safety and cost efficiency in LNG transportation. This marks Yang Ming's second order from Hanwha Ocean, following a previous deal in September 2025 for seven 15,880-TEU LNG dual-fuel container ships.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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