Hapag-Lloyd, Seaspan Invest $120m in Methanol Retrofit Of 5 Vessels

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  • Methanol retrofit project for five 10,100 TEU charter vessels.
  • The project represents a step towards achieving strategic decarbonisation goal by 2045.

Hapag-Lloyd and Seaspan Corporation enter into a partnership agreement to retrofit and convert five 10,100 TEU container ships powered by conventional MAN S90 engines to dual-fuel engines capable of operating on methanol. Following the engine retrofit, the vessels will continue to be on long-term charter from Seaspan to Hapag-Lloyd, according to Hapag-Lloyd’s release.

To achieve its strategic decarbonisation goal, Hapag-Lloyd’s investments are not only focused on newbuildings or retrofits (dual-fuel propulsion) and the optimisation of the efficiency of our existing fleet (Fleet Upgrade Program), but also on covering the exploration and sourcing of green fuels.

The vessels scheduled for retrofits are the “Seaspan Amazon”, “Seaspan Ganges”, “Seaspan Thames”, “Seaspan Yangtze” and “Seaspan Zambezi”. The retrofit is expected to take approximately 80-90 days per vessel starting in the first quarter of 2026. The total investment is estimated at around USD 120 million for the five units.

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Source: Hapag-Lloyd