Maersk orders 20 LNG-powered containerships in China and South Korea

Danish shipping giant Maersk has ordered 20 LNG dual-fuel containerships from yards in China and South Korea.

Maersk confirmed the orders in a statement on Monday saying the vessels have a capacity of 300,000 teu.

With these orders, Maersk concludes the intended owned newbuilding orders announced in the August update, the shipping firm said.

Maersk said it also finalized contracts with several tonnage providers to charter a range of methanol and LNG dual-fuel vessels totaling 500,000 teu capacity.

In August, Maersk announced it was in the process of signing newbuilding orders and charter deals for up to 60 dual-fuel containerships, including LNG dual-fuel vessels.

This move represents a significant turn for the shipping company which has been one of the biggest supporters of methanol-powered ships.

Maersk said the orders will reach a total of 50-60 combining both owned and chartered dual-fuel vessels equaling 800,000 teu and ensuring a steady flow of needed capacity for Maersk’s network for the years 2026-2030.

Three yards

According to Maersk, the first of 20 LNG dual-fuel vessels will be delivered in 2028, and the last delivery will take place in 2030.

Maersk booked two LNG dual-fuel vessels with a capacity of 9,000 teu at China’s Yangzijiang Shipbuilding.

Moreover, Maersk placed orders for 12 LNG dual-fuel vessels with a capacity of 15,000 teu at South Korea’s Hanwha Ocean and China’s New Times Shipbuilding.

The two yards will each build six vessels.

Hanwha Ocean recently announced it had won an order worth about $1.26 billion to six build LNG dual-fuel containerships with a capacity of 15,000 teu.

The shipbuilder said it will deliver the vessels to a European owner by the end of 2028.

Sources told LNG Prime at the time of the order that Maersk was behind this deal.

Besides these vessels, Maersk said it had booked six more LNG dual-fuel vessels at Yangzijiang, but with a larger capacity.

These containerships will have a capacity of 17,000 teu.

Chinese private shipyard Yangzijiang recently revealed that it has secured orders for 32 LNG dual-fuel and 17 methanol dual-fuel containerships so far this year.

According to Yangzijiang, 22 of these LNG dual-fuel containerships will have a capacity of 17,000 teu, while 10 vessels will have a capacity of 9,000 teu.

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