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 a previous contract signed last September for seven 15,880-TEU LNG dual-fuel container ships.
The vessels will be constructed at Hanwha Ocean's shipyard in Geoje and delivered in stages throughout the second half of 2029. The order underscores the confidence of a major global carrier in Hanwha Ocean's design, production, and process management capabilities, further solidifying the companies' long-term partnership. The new ships will utilize Hanwha Ocean's proprietary high-manganese steel Type-B LNG fuel tank, which offers superior cost competitiveness compared to alternative materials while maintaining strength and toughness at extremely low temperatures.
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