November 07, 2024
Hapag-Lloyd announced it has signed two contracts with two Chinese shipyards for a total of 24 new container ships. Of these, 12 newbuildings - each with a capacity of 16,800 TEU - will be built by Yangzijiang Shipbuilding Group. These units will be used to expand the capacity of services that are already in place.
An additional 12 ships, each with a capacity of 9,200 TEU, have been ordered from New Times Shipbuilding Company Ltd. and will replace older units in the Hapag-Lloyd fleet that will be nearing the end of their service life in this decade.
All of the newbuildings will be equipped with state-of-the-art low emission high pressure liquefied gas dual-fuel engines that are extremely fuel-efficient. In addition, these vessels can be operated using biomethane, which can reduce CO2e emissions by up to 95% compared to conventional propulsion systems. The new ships will also be ammonia-ready.
Hapag-Lloyd will take delivery of the new vessels between 2027 and 2029. The newbuildings will have a combined capacity of 312,000 TEU and involve a combined investment volume of around USD four billion. A long-term financing of USD three billion has already been committed.
Source: Hapag-Lloyd