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Yang Ming announced on Thursday that its board approved the order of seven LNG dual-fuel containerships with a capacity of 15,000 teu from Hanwha Ocean.
Following the completion of contract procedures, these vessels are scheduled for delivery between 2028 and 2029.
Yang Ming said the newbuildings will replace aging vessels and advance Yang Ming’s strategic development.
The shipping firm did not provide further information.
Earlier this year, LNG Prime reported, citing sources, that Yang Ming approached yards in South Korea with requests for LNG dual-fuel vessels with a capacity of 15,000 teu.
In May 2023, Yang Ming signed a shipbuilding deal with South Korea’s HD Hyundai Heavy Industries for the construction of five LNG-powered containerships with a capacity of 15,500 teu.
Yang Ming will pay about $937 million for the five vessels, or $187 million per ship.
Each of the vessels will have one single LNG fuel tank with a capacity of 12,700 cbm, while the tanks will feature GTT’s Mark III Flex membrane containment technology.
These vessels will join Yang Ming’s fleet in 2026.
Yang Ming said the adoption of dual-fuel solutions for the 15,000 teu vessels, alongside the five LNG dual-fuel containerships scheduled for delivery beginning in 2026, will ensure stable service on East-West routes while achieving a 20 percent reduction in GHG emissions compared to traditional fuel.
As of the end of June 2025, Yang Ming’s fleet included 100 vessels with a capacity of 724,000 teu, according to its website.