Logo

Yang Ming bolsters methanol-ready boxships newbuild series in Japan

Taiwanese carrier Yang Ming Marine Transport has added to its methanol dual-fuel-ready 8,000 teu containership series with three newbuilds booked for construction at Japan’s Nihon Shipyard.

The deal, disclosed in a stock exchange filing, is worth between $351m and $394m, with delivery from the Imabari Shipbuilding-Japan Marine United joint venture yard scheduled between 2028 and 2030.

The order adds to a growing fleet renewal programme aimed at phasing out older ships and modernising Yang Ming’s mid-sized tonnage. The company is replacing vessels in the 5,500 to 6,500 teu range that are over two decades old.

The latest booking follows a deal with Japanese owner Shoei Kisen in March for three methanol dual-fuel-ready 8,000 teu ships under construction at Imabari, also due in 2028–2029. Once delivered, Yang Ming will operate six methanol-ready vessels in this segment.

In addition to its methanol plays, Yang Ming earlier this month signed a contract with South Korea’s Hanwha Ocean for seven 15,500 teu LNG dual-fuel containerships in a deal valued between $1.36bn and $1.53bn. Those ships are expected in 2028 and 2029.

The company has already committed to five 15,500 teu LNG dual-fuel vessels under construction at HD Hyundai Heavy Industries, with delivery beginning in 2026.

“These newbuildings are expected to stabilise mid- to long-term fleet deployment and strengthen the company’s service offerings,” Yang Ming said in a statement.

Yang Ming is currently the 10th largest liner operator globally and the second-largest in Taiwan after Evergreen, operating a fleet of roughly 100 vessels.



Source

Related News

Hong Kong upgrades waterborne waste transport with...

13 hours ago

Clarksons moves into container FFA market with new...

13 hours ago

Clarksons expands derivatives Dpt with new contain...

19 hours ago

Eastern Pacific stacks up orderbook with boxship n...

1 day ago

China Merchants Energy Shipping becomes largest sh...

1 day ago