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Hanwha Ocean wins $1.1 billion order for six container ships from Taiwan’s Yang Ming

From Dong-A Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

Press release Official statement New plan
  • Hanwha Ocean won a 1.5527 trillion won order from Taiwan’s Yang Ming Marine Transport for six 13,650-TEU LNG dual-fuel container ships, with deliveries scheduled by the second half of 2029.
  • The ships will be built at Hanwha Ocean’s Geoje shipyard and feature its manganese-steel Type-B LNG fuel tanks and hull optimization technology; the latest deal brings the company’s weekly orders to 2.0305 trillion won.

Hanwha Ocean has secured a roughly 1.5 trillion won order for six LNG dual-fuel container ships from Taiwan’s Yang Ming Marine Transport, extending a shipbuilding relationship with the carrier.

The 13,650-TEU vessels will be built at Hanwha Ocean’s Geoje shipyard and delivered in stages by the second half of 2029. They will use the shipbuilder’s independently developed manganese-steel Type-B LNG fuel tanks and hull optimization technology.

The contract comes one year after Yang Ming ordered seven 15,880-TEU LNG dual-fuel container ships from Hanwha Ocean in September last year. Following an order for three very large gas carriers from an Oceania-based shipowner on the 1st, Hanwha Ocean has won orders worth 2.0305 trillion won this week alone.

About this summary

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.