Hapag-Lloyd Orders 24 New Dual-fuel Container Ships

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  • Ships will feature liquefied gas dual-fuel propulsion and be ammonia-ready.
  • Deliveries between 2027 and 2029.
  • Investment volume of roughly USD 4 billion.

Hapag-Lloyd 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.

Container ship order

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 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 US$4 billion. A long-term financing of US$3 billion has already been committed.

Hapag-Lloyd controls 287 modern container ships with a total transport capacity of 2.2 million TEU. This makes the company one of the world’s leading liner shipping companies. In addition, it operates the largest fleet sailing under the German flag.

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Source: Hapag-Lloyd