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Hanwha Ocean clinches $1.14 bil. deal for 6 container ships from Taiwan's Yang Ming

Hanwha Ocean Co. said Thursday it has won a 1.55 trillion-won ($1.14 billion) order from Taiwan's Yang Ming Marine Transport Corp. to build six liquefied natural gas (LNG) dual-fuel container ships. The Korean shipbuilder said the 13,650 twenty-foot equivalent unit (TEU) vessels will be built at its shipyard in the southeastern city of Geoje and delivered by the second half of 2029. The vessels…

Hanwha Ocean clinches $1.14 bil. deal for 6 container ships from Taiwan's Yang Ming

Hanwha Ocean secured a substantial $1.14 billion contract with Taiwan's Yang Ming Marine Transport Corp. to construct six liquefied natural gas (LNG) dual-fuel container ships. The Korean shipbuilder will manufacture the 13,650 TEU vessels at its facility in Geoje, South Korea, with deliveries expected by the second half of 2029.

These ships will be equipped with Hanwha Ocean's advanced Type-B LNG fuel tanks, which prioritize safety and cost efficiency. This marks Hanwha Ocean's second significant order from Yang Ming, following a $2.02 billion deal for seven 15,880-TEU LNG dual-fuel container ships in September 2025.

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.

Also reported by 2 other outlets

Read the original at koreatimes.co.kr →

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