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Hapag-Lloyd Signs $500M Contract With Chinese Yard For 8 New Container Ships

Hapag-Lloyd Signs $500M Contract With Chinese Yard For 8 New Container Ships

Marine Insight
Hapag-Lloyd Signs $500M Contract With Chinese Yard For 8 New Container Ships
Hapag-Lloyd
Image Credits: Hapag-Lloyd/Facebook

Hapag-Lloyd has ordered eight new dual-fuel methanol container ships from Chinese shipbuilder CIMC Raffles. Each vessel will have a capacity of 4,500 TEU, with deliveries scheduled for 2028 and 2029. The total value of the order is more than USD 500 million.

The new ships will be fitted with modern dual-fuel engines that can run on methanol. Hapag-Lloyd has said the vessels will be up to 30 per cent more efficient than older ships of the same size.

When operating on methanol, they are expected to cut emissions by up to 350,000 metric tonnes of CO2 equivalent per year. This is Hapag-Lloyd’s first newbuild project using methanol propulsion. The vessels will add to the company’s growing dual-fuel fleet.

At present, Hapag-Lloyd has 37 dual-fuel LNG container ships either in service or planned, and these ships can also operate on biomethane.

The methanol order follows earlier moves by the carrier. In April 2024, Hapag-Lloyd agreed with

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