Wan Hai Lines Advances Green Shipping with Major Methanol Dual-Fuel Vessel Orders

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.