Yang Ming Orders Seven LNG Dual-Fuel Ships from Korea

Taiwanese shipping company Yang Ming Marine Transport has placed an order for a new series of container vessels at South Korean shipbuilder Hanwha Ocean, continuing its strategy to modernize its fleet with a strong emphasis on dual-fuel technology.

New LNG Vessels Booked for 2028–2029

The agreement includes seven 15,500 TEU LNG dual-fuel ships, with the contract estimated to be worth between $1.36 billion and $1.53 billion. These newbuilds are expected to be delivered in 2028 and 2029.

This order is part of a broader plan announced earlier to add up to 13 new vessels in the 8,000 to 15,000 TEU range. In a separate deal signed in March, Yang Ming committed to acquiring three 8,000 TEU methanol dual-fuel-ready ships from Shoei Kisen, which are also set for delivery during the same period.

Continued Expansion of Eco-Friendly Fleet

Yang Ming is currently the 10th-largest container shipping operator globally and the second-largest in Taiwan, following Evergreen. Its existing fleet includes around 100 vessels.

In addition to the latest Hanwha Ocean order, Yang Ming already has five LNG dual-fuel ships on order from HD Hyundai Heavy Industries. These 15,500 TEU vessels are scheduled to begin arriving in 2026.

“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% reduction in GHG emissions compared to traditional fuel,” the company said in a statement.

With these orders, Yang Ming continues to reinforce its commitment to sustainable shipping and its long-term operational stability on key global routes.