OOCL orders $3B worth of 14 methanol-fueled containerships

In Hong Kong, Offshore Energy reports Orient Overseas Container Line has ordered $3 billion worth of 14 methanol-fueled containerships at two shipyards in China. The 18,500 TEU vessels average $220 million each and will be built at Dalian COSCO KHI Ship Engineering (DACKS) and Nantong COSCO KHI Ship Engineering (NACKS). They are expected for delivery between the third quarter of 2028 and the third quarter of 2029. The same shipbuilders were contracted in 2022 to build seven 24,000 TEU methanol dual-fuel units.