According to broker Intermodal, the German shipping giant has ordered 10 firms plus five optional 17,000 TEU LNG dual-fuel vessels from Yangzijiang Shipbuilding, each priced at $210 million.

These ships will feature 1,600 reefer slots, enhancing Hapag-Lloyd's capacity for refrigerated cargo.

Additionally, Hapag-Lloyd has contracted New Times Shipbuilding to construct 10 firms plus five optional 9,200 TEU LNG dual-fuel ships, with each vessel costing $140 million.

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Together, these orders will add 393,000 TEU of capacity to Hapag-Lloyd's fleet, solidifying its position as the world’s fifth-largest container shipping line. This expansion comes ahead of Hapag-Lloyd's departure from THE Alliance to form the Gemini Cooperation with Maersk in early 2024.

The carrier’s CEO, Rolf Habben Jensen, recently revealed the company’s medium-term strategy through 2030, which includes ambitious plans for fleet growth, describing the current phase as the company’s “most ambitious strategy to date.”

Editor: Kemal Can Kayar