Shipping
YANG MING SIGNS CONTRACT FOR FIVE, NEW 15,500 TEU LNG DUAL FUEL CONTAINERSHIPS
May 31, 2023

Yang Ming Marine Transport Corp. (Yang Ming) and HD Hyundai Heavy Industries Co., Ltd. (Hyundai Heavy Industries) ist signed a new shipbuilding contract for five 15,500 TEU LNG dual fuel container vessels.

 

These new vessels are scheduled to be delivered in 2026 as part of Yang Ming's mid-long-term fleet plan.

 

Self Photos / Files - 4dbac93b561a470abac9b32dac8d4049.png

  L-R: Captain James Jeng, chief marine technology officer, Yang Ming Marine Transport Corp., Jae Ho Kang, executive vice president, HD Hyundai Heavy Industries Co., Ltd. (Photo: Yang Ming)

 

Yang Ming is continuously building a green and energy-saving fleet in response to the maritime net zero carbon emission target by 2050.

 

It added that on top of implementing energy-efficiency retrofits and management on the existing fleet, a dedicated desk has been set up to monitor energy efficiency and the development of future marine fuels.

 

Yang Ming said these five 15,500 TEU vessels, to be built by Hyundai Heavy Industries, will be equipped with a high-pressure LNG dual-fuel main engine and a ballast water treatment system to meet the latest environmental regulations. 

 

In addition, these vessels will feature an advanced integrated system for navigational information and operation monitoring, as well as a broadband maritime satellite system.

 

Yang Ming noted that these technologies are integral for collecting navigational big data and enhancing the safety of the vessels.

 

Yang Ming's current fleet

 

Yang Ming's current operating fleet comprises 94 vessels with a capacity of approximately 715,000 TEU.

 

The Taiwanese container shipping company noted that with these five 15,500 TEU LNG dual fuel container vessels, it would be able to optimize its fleet, reduce operating costs, and improve carbon emission reduction.

 

"These new vessels will facilitate greater flexibility in vessel deployment, enhance the Company’s overall competitiveness, and provide comprehensive and quality service to customers," Yang Ming added.

 

The signing was conducted by Captain James Jeng, Yang Ming's chief marine technology officer, and Jae Ho Kang, Hyundai Heavy Industries' executive vice president.