Yang Ming Marine Transport orders six LNG dual-fuel boxships from Hanwha Ocean for US$1.22 billion as part of fleet renewal strategy.
Yang Ming Marine Transport has chosen Hanwha Ocean for a six-ship newbuilding programme worth up to US$1.22 billion, reported Singapore's Splash 247.
The LNG dual-fuel vessels will each have a capacity of about 13,000 TEU and are priced between US$185 million and US$204 million. Final contract terms, including price, delivery schedule, and construction site, are still under discussion.
Yang Ming approved the six-ship plan in March as part of a fleet renewal strategy. The new vessels will replace older ships in the 4,250 to 6,500 TEU range and serve major east-west trades.
The deal is Yang Ming's second major programme at Hanwha Ocean. Last year, the carrier ordered seven 16,000 TEU LNG dual-fuel ships for delivery between 2028 and 2029.
Completion of the latest contract would raise Yang Ming's pipeline at the South Korean yard to 13 ships. The carrier also has LNG dual-fuel tonnage entering service from HD Hyundai Heavy Industries and three 8,000 TEU methanol-ready vessels on order in Japan.
