Shipping

Hapag-Lloyd orders six ultra-large container vessels with a capacity of 23,500 TEU

Dec, 23, 2020 Posted by Sylvia Schandert

Week 202052

Hapag-Lloyd announced that it has signed an order for six ultra-large container ships with a capacity of 23,500 TEU, which will be built by the Korean shipyard Daewoo Shipbuilding & Marine Engineering. Deliveries are expected to take place between April and December 2023.

According to the shipping company, the ships will be deployed on the Europe-Far East routes as part of THE Alliance, and will significantly increase Hapag-Lloyd’s competitiveness on this commercial route.

As part of Hapag-Lloyd’s sustainability strategy, the vessels will be equipped with a state-of-the-art, highly efficient, high-pressure dual-fuel engine. The engine will run on LNG, but, alternatively, it has sufficient tank capacity to run on conventional fuel.

According to Rolf Habben Jansen, CEO of Hapag-Lloyd, “by investing in six ultra-large container ships, we will not only be able to reduce slot costs and improve our competitiveness in trade between Europe and the Far East, but we will also take a step important in the modernization of our fleet. In addition, we will further reduce our environmental impact ”.

The investment will be in the order of 1 billion dollars. According to the company, the respective financing is already guaranteed.

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