Yang Ming, Hyundai Heavy Industries sign off new LNG order

Time: 2023-06-01 10:48:06    Hits: 1445

Yang Ming Marine Transport Corp. and HD Hyundai Heavy Industries

Co. Ltd. have signed a new shipbuilding contract for five 15,500 TEU LNG

vessels.

Yang Ming, Hyundai Heavy Industries sign off new LNG order

The contract signing was conducted by Yang Ming’s Chief Marine Technology

Officer, Captain James Jeng, and Hyundai Heavy Industries’ Executive Vice

President, Jae Ho Kang.

These new vessels, to be built by Hyundai Heavy Industries, are a part of

Yang Ming’s mid-long term fleet plan. The LNG vessels are scheduled to be

delivered in 2026.

In response to the maritime net zero carbon emission target by 2050, Yang

Ming is continuously building a green and energy-saving fleet.

According to Yang Ming, a dedicated desk has been built to monitor energy

efficiency and the development of future marine fuels.

These five 15,500 TEU vessels will reportedly be equipped with

high-pressure LNG dual fuel main engine and ballast water treatment system to

meet the latest environmental regulations.

Yang Ming’s current operating fleet comprises 94 LNG vessels, with a

capacity of approximately 715,000 TEU.

With these five 15,500 TEU LNG vessels, Yang Ming could potentially

optimise its fleet, reduce operating costs, and improve carbon emission

reduction.

Yang Ming believes that these new vessels can enhance the company’s overall

competitiveness, while providing comprehensive and quality service to its

customers.

In September 2022, Yang Ming Marine Transport Corp. welcomed its newest

11,000 TEU containership YM Trillion.

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