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Hapag-Lloyd orders six LNG-powered 23,500 teu containerships

Photo: Marcus Hand Name plate at Hapag-Lloyd HQ in Hamburg
Hapag-Lloyd has placed a $1bn order for six, LNG dual-fuel, 23,500 teu containerships at Daewoo Shipbuilding & Marine Engineering (DSME).

Hapag-Lloyd said the six 23,500+ teu newbuildings would be delivered from DSME between April and December 2023.

The vessels, ordered at a cost $1bn, will be fitted with high pressure dual-fuel engines designed to operate on LNG but also with sufficient fuel tank capacity to operate on conventional marine fuel oil.

It is a further sign of LNG as a fuel gaining traction in container shipping.

Rolf Habben Jansen, ceo of Hapag-Lloyd said: “With the investment in six ultra large container vessels we will not only be able to reduce slot costs and improve our competitiveness on the Europe – Far East trade, but also take a significant step forward in modernizing our fleet. Additionally we will further reduce our environmental impact.”

The German container line said that financing for the newbuildings had already been secured.

Hapag-Lloyd’s alliance partner Ocean Network Express (ONE) has also announced this week that it will take six 24,000 teu newbuildings on long term charter.