Wan Hai Lines orders eight methanol-fueled mega ships from South Korea

October 30, 2024 |

In Singapore, Manifold Times reports Taiwan’s Wan Hai Lines has placed an order for eight dual-fuel containerships, each capable of running on methanol, to be built by South Korean shipbuilders Samsung Heavy Industries and HD Hyundai Samho. The ships, scheduled to carry up to 16,000 TEUs, come at a combined cost of USD 1.6 billion, with each vessel priced at up to USD 204 million, according to Wan Hai’s recent filings.

This latest order follows Wan Hai’s August announcement of plans for up to 20 methanol-powered 8,000 TEU vessels, as the company aims to align its fleet with global emissions standards. The dual-fuel design of these new vessels supports the shipping industry’s push toward alternative fuel use, complying with both current and anticipated environmental regulations.

The announcement was made on October 29, with the vessels marking a significant step for Wan Hai in its green transition, enhancing fuel efficiency and reducing emissions to meet evolving regulatory demands

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Category: Sustainable Marine Fuels

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