Evergreen places US$3Bn order for LNG dual-fuel box ships

Taiwan’s Evergreen Marine Corp has ordered 11 24,000-TEU LNG dual-fuel box ships, of which five will be built by Chinese shipyard Guangzhou Shipyard International Co of China State Shipbuilding Group Corp, and the remaining six at South Korea’s Hanwha Ocean Co.

The order to the Chinese company has a total value of between US$1.3Bn and US$1.5Bn and that to the South Korean company between US$1.6Bn and US$1.8Bn. Deliveries are expected to start around 2028.

Last year, Evergreen struck a contract for a series of 18 2,400-TEU feeder ships propelled by dual-fuel methanol. HD Hyundai Heavy Industries Engine & Machinery Division has signed a contract to provide 18 H22CDF-LM methanol dual-fuel HiMSEN engines for Evergreen’s ships, being built at Huangpu Wenchong Shipbuilding.

Evergreen recorded a turnover of US$1.3Bn in January 2025, a jump of  49% compared with February 2024.