Hanwha Ocean wins order for 6 container ships from Taiwan's Yang Ming
Hanwha Ocean said it has won an order from Taiwan's Yang Ming Marine Transport Corp. for six 13,650-TEU liquefied natural gas (LNG) dual-fuel container ships worth about 1.55 trillion won ($1.05 billion), just a year after signing its first contract with the shipping line. The vessels will be built at Hanwha Ocean's shipyard in Geoje and delivered in stages through the second half of 2029, the…
Hanwha Ocean has secured a significant order from Taiwan's Yang Ming Marine Transport Corp. for six 13,650-TEU liquefied natural gas (LNG) dual-fuel container ships, valued at approximately 1.55 trillion won ($1.05 billion). This follows Yang Ming's first contract with Hanwha Ocean last September for seven 15,880-TEU LNG dual-fuel container ships, marking the companies' inaugural newbuilding deal.
The vessels will be constructed at Hanwha Ocean's shipyard in Geoje and delivered in stages through the second half of 2029. The order underscores confidence in Hanwha Ocean's capabilities, reinforcing the long-term partnership between the two companies. The new ships will utilize Hanwha Ocean's proprietary high-manganese steel Type-B LNG fuel tank, a technology that Hanwha Ocean claims offers superior cost competitiveness compared to nickel-alloy steel or aluminum, while maintaining strength and toughness at extremely low temperatures.
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