Yang Ming Marine Transport has confirmed an order for six 13,000-TEU LNG dual-fuel containerships at Hanwha Ocean, with a total contract value of between US$1.11 billion and US$1.224 billion.

The pricing implies a cost of US$185 million to US$204 million per vessel.

Yang Chen（陈洋）

Published 2026-07-21 17:19

The upper end looks particularly high when compared with OOCL’s April 2026 order for twelve 13,600-TEU LNG dual-fuel ships at Hudong-Zhonghua, priced at US$185 million each.

On a per-TEU basis, Yang Ming’s newbuildings will cost approximately US$14,231 to US$15,692 per slot, compared with about US$13,603 per slot for OOCL’s vessels.
At the lower end, the difference can partly be explained by Yang Ming’s smaller series, slightly lower capacity and possible specification differences. At the upper end, however, the price represents a premium of around 10% per vessel and more than 15% on a per-TEU basis.

The order follows Yang Ming’s 2025 contract with Hanwha Ocean for seven 16,000-TEU LNG dual-fuel ships. Together with five 15,500-TEU LNG-fuelled vessels already entering service, the latest deal could eventually expand Yang Ming’s LNG dual-fuel fleet to 18 ships.

The 13,000-TEU segment also gives Yang Ming greater deployment flexibility across transpacific, Asia–Mediterranean and Asia–South America services, while supporting its longer-term fleet renewal and capacity expansion strategy.