Wan Hai Lines orders four methanol-ready boxships for USD 816 million
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Taiwanese operator Wan Hai Lines, on behalf of Wan Hai Lines (Singapore) Pte Ltd, on Thursday (24 April) announced it has placed an order for four more methanol-ready container vessels from two South Korean shipbuilding companies.
According to the company’s stock exchange filings, HD Hyundai Samho, part of HD Hyundai Group, and Samsung Heavy Industries will each build two 16,000 TEU capacity container vessels.
The newbuilding deals amount to a combined value of up to USD 816 million with Wan Hai Lines spending between USD 186.5 million and USD 204 million per unit for the boxships at HD Hyundai, and between USD 187.6 million to USD 204 million for the ones at SHI.
Last year, Wan Hai Lines placed an order with the same South Korean shipbuilders to construct four methanol-fuelled vessels each of the same capacity as the latest order.
Related: Wan Hai Lines orders eight methanol methanol dual-fuel boxships
Photo credit: Wan Hai Lines
Published: 29 April, 2025