https://theloadstar.com/wan-hai-and-cosco-step-up-box-ship-arms-race-with-more-newbuild-orders/

Taiwanese shipping company Wan Hai Lines has expanded its investment in newbuild containerships by commissioning eight 16,000 TEU methanol dual-fuel vessels from two leading South Korean shipbuilders, Hyundai Samho Heavy Industries and Samsung Heavy Industries. The total investment in this order is estimated at $1.6 billion, with vessel deliveries scheduled for 2027 and 2028.

This order marks a significant step in Wan Hai’s long-term strategy to enhance its international network, as outlined in its recent filing with the Taiwan Stock Exchange. The new vessels will be methanol dual-fuel powered, aligning with industry trends toward lower emissions and supporting Wan Hai’s sustainability goals.

This investment follows the company’s August orders placed with Hyundai Samho and Taiwan’s CSBC, reinforcing its commitment to expand and modernize its fleet. By adding these advanced, eco-friendly vessels, Wan Hai aims to strengthen its competitive position within the global shipping industry, particularly in the context of increasingly stringent environmental regulations.The fleet expansion reflects Wan Hai’s strategic focus on long-term growth and efficiency as it continues to develop its global presence and support sustainable maritime operations.

https://www.offshore-energy.biz/wan-hai-lines-orders-methanol-dual-fuel-containership-quartet-in-s-korea/

Wan Hai Lines has announced an order for four methanol dual-fuel containerships as part of its fleet expansion and decarbonization strategy. The contract was signed with HD Hyundai Samho Heavy Industries, a subsidiary of South Korean shipbuilding leader HD Korea Shipbuilding & Offshore Engineering (HD KSOE).According to data from Intermodal, the vessels, each with a capacity of 8,700 TEU, are expected to be delivered by May 2027.

This move aligns with the shipping company's ongoing efforts to enhance its operational efficiency and reduce its carbon footprint in response to increasing global environmental regulations. The total cost for the four ships is reported to be $128 million. This order signifies Wan Hai Lines's commitment to sustainable practices and innovation in shipbuilding, reflecting the broader trend of shipping companies adapting to changing environmental standards and customer expectations.

https://www.offshore-energy.biz/wan-hai-lines-orders-methanol-dual-fuel-boxship-fleet/

On August 12, 2024, Wan Hai Lines ,Singapore formalized its commitment to expanding its fleet with advanced methanol dual-fuel container vessels by signing two significant Letters of Intent (LOIs). The first LOI, representing a strategic move toward sustainability, covers the acquisition of twelve container ships, each with a capacity of approximately 8,000 TEU. These vessels, to be constructed by CSBC Corporation in Taiwan, are priced between $102.5 million and $124 million per unit, bringing the total transaction value to an estimated range of $1.23 billion to $1.98 billion. The LOI also includes purchase options for an additional four units, further underscoring Wan Hai Lines' long-term fleet enhancement strategy.

Additionally, Wan Hai Lines signed a second LOI for the construction of four 8,700 TEU methanol dual-fuel container ships at the HD Hyundai Samho shipyard in South Korea.The cost per vessel is projected to range from $113.5 million to $130.41 million, with the total transaction value estimated between $454 million and $521.64 million.This marks a significant milestone for Wan Hai Lines, as it is the first time the company has opted for vessels equipped with dual-fuel propulsion systems, selecting methanol as the preferred marine fuel to align with evolving environmental regulations and sustainability goals.

https://www.offshore-energy.biz/wan-hai-lines-names-new-eco-friendly-13k-teu-containership/

Wan Hai Lines, a prominent Taiwanese shipping company, has celebrated the christening of a new eco-friendly 13,100 TEU containership at Samsung Heavy Industries' (SHI) Geoje shipyard. The vessel, named WAN HAI A16, is the ninth in a series of 13,100 TEU containerships constructed by SHI.The containership series features vessels with a length of 335 meters, a breadth of 51 meters, a draft of 16 meters, and a maximum cruising speed of 22 knots. These ships are equipped with newly designed engines that incorporate environmentally friendly technologies to enhance energy savings and fuel efficiency.

Additionally, the series has received the "Smart Ship Notation" certification, enabling the utilization of advanced monitoring systems and communication equipment for real-time data collection on ship navigation and equipment operation conditions.The delivery of WAN HAI A16 is anticipated in mid-June, after which it will join Wan Hai Lines' service route from Asia to the West Coast of North America. This development aligns with Wan Hai Lines' ongoing decarbonization efforts, which include a 10-year sustainability-linked shipping financing agreement with Standard Chartered Bank. The company aims to achieve a 50% reduction in the carbon intensity of its fleet by 2030, using 2008 as the base year. 

CSBC Corp, which started building four 2,940 TEU containerships on its own account last year, has now sold the quartet to Wan Hai Lines ("marhot" 16/21). The Taiwanese will pay between US$212m and US$230m for the four vessels, which will be built to a modified "CSBC 2800" design. They will be fitted with scrubbers and will be delivered between March and September 2023.