Yang Ming picks Hanwha Ocean for $1.2bn boxship series

Taiwanese carrier Yang Ming Marine Transport has selected Hanwha Ocean for a six-ship newbuilding programme worth up to $1.22bn. The LNG dual-fuel vessels will have capacity of around 13,000 teu and are priced at between $185m and $204m each, putting the total investment at between $1.11bn and $1.224bn. Final contract terms are still under discussion. … Read full article →