Hapag-Lloyd orders 24 new container ships for US$4bn

Hapag-Lloyd has signed two contracts with Yangzijiang Shipbuilding Group (YZJ Shipbuilding Group) and New Times Shipbuilding Company (NTS) for 24 new container ships that have a combined capacity of 312,000 teu in an investment worth around US$4bn. 

The 12 newbuilds from YZJ Shipbuilding Group have a capacity of 16,800 teu while the other 12 ships from NTS have a capacity of 9,200 teu and will replace older units in Hapag-Lloyd’s fleet nearing the end of their service life in this decade. 

All the newbuilds will be equipped with state-of-the-art low emission high pressure liquefied gas dual-fuel engines that are extremely fuel-efficient.