June 10, 2026
Hapag-Lloyd and Seaspan Corporation announced they have successfully completed the first conversion under their joint methanol retrofit program.
With delivery of the "Seaspan Yangtze", the first of five 10,100 TEU charter vessels has been upgraded from a conventional MAN S90 engine to a dual-fuel engine capable of operating on methanol.
The conversion marks an important milestone in the strategic collaboration between Hapag-Lloyd, Seaspan Corporation and Everllence. The program also covers "Seaspan Amazon", "Seaspan Ganges", "Seaspan Thames" and "Seaspan Zambezi". The overall investment for the five retrofits is estimated at around USD 120 million.
Each conversion can reduce CO2e emissions by approximately 30.000 - 50.000 metric tons per vessel per year when operating on low-carbon methanol. In addition to supporting emissions reductions, the project extends the operational use of existing vessels and increases fuel flexibility.
Hapag-Lloyd is pursuing its sustainability strategy through several levers, including newbuildings, dual-fuel retrofits, efficiency improvements in the existing fleet and the sourcing of alternative fuels. The conversion of the "Seaspan Yangtze" demonstrates the role that existing ships can play in the transition towards low-carbon shipping.
Source: Hapag-Lloyd