- Wan Hai commits nearly $500 million to LNG-ready newbuilds.
- Six 6,000-TEU containerships ordered at a Chinese yard.
- Deliveries set through 2030 as fleet renewal continues.
Wan Hai Lines has inked deals for six LNG dual-fuel-ready containerships, each with a capacity of about 6,000 TEU. The total value of this transaction is estimated to be between $451.2 million and $492.0 million, as stated in a stock exchange filing, reports Port News.
Details of the Transaction
This purchase was announced through Wan Hai’s subsidiary in Singapore, which received board approval for the deal on December 16, 2025. The filing identifies CSSC Huangpu Wenchong Shipbuilding Co., Ltd. and China Shipbuilding Trading Co., Ltd. as the counterparties, noting that neither has any ties to Wan Hai.
Vessel Pricing and Payments
According to the filing, the price per vessel ranges from $75.2 million to $82.0 million. This amount includes costs for “vessel upgrade equipment,” with payments scheduled according to the terms outlined in the shipbuilding contracts.
Construction and Delivery Timeline
The vessels will be constructed at CSSC Huangpu Wenchong in China, with deliveries anticipated to wrap up by 2030.
Additional Leasing and Port Arrangements
On the same day, Wan Hai also disclosed that it is leasing three additional containerships. Furthermore, the company has secured a right-of-use asset at the Honmoku D-4 terminal in Yokohama Port from Yokohama Kawasaki Port Service Co., Ltd., which is tied to a 20-year extension of the terminal lease.
Company Background
Wan Hai Lines is a container shipping firm based in Taipei, providing scheduled liner services along with logistics and terminal operations through its subsidiaries and affiliates across various regions.
Shipbuilder Profile
CSSC Huangpu Wenchong Shipbuilding Co., Ltd. is a Chinese shipbuilding company focused on constructing commercial vessels and marine equipment, and it is part of China’s state-owned shipbuilding industry framework.
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Source: Port News
