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.

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.

Ocean Infinity Unveils First Armada 86 Vessel Ocean Infinity Unveils First Armada 86 Vessel

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