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Hanwha Ocean Lands 1.93 Trillion-Won Deal to Build Seven Ammonia-Ready LNG Ultralarge Containerships for Yang Ming

The vessels are designed for future ammonia conversion under ABS notation to align with tightening emissions rules.

Overview

  • Hanwha confirmed a 1.93 trillion-won (about US$1.47 billion) contract to deliver seven 15,880‑TEU dual-fuel container ships by the first half of 2029.
  • The project marks Hanwha Ocean’s first contract with Yang Ming and follows a similar order earlier this year from Evergreen, deepening the builder’s foothold in Taiwan.
  • The series holds an ammonia fuel‑ready designation reported under ABS, which Yang Ming says could make them Taiwan’s first LNG boxships prepared for ammonia conversion.
  • Each vessel incorporates LNG fuel tanks rated to 1.0 bar—described as a first-of-its-kind specification—intended to enable safer, longer containment of vaporized gas compared with 0.7 bar designs.
  • Yang Ming estimates roughly 20% CO2 reductions when operating on LNG and up to about 61% after conversion to ammonia, reflecting its broader fleet renewal and decarbonisation plans.