Hanwha Ocean has secured orders worth roughly 2 trillion South Korean won after winning two separate contracts in early September, the company said in a report carried by reports on 3 September 2026.
The larger contract, announced on 3 September, covers six liquefied natural gas dual-fuel container ships ordered by Yang Ming Marine Transport and is valued at about 1.5527 trillion won. That order will add LPG-capable dual-fuel containerships to Yang Ming's fleet, the report noted.
Earlier on 1 September, Hanwha Ocean also won a contract for three very large gas carriers from an unnamed shipowner in Oceania, with that agreement worth 477.8 billion won. Taken together, the two awards amount to approximately 2.0305 trillion won in new orders.
Details of the Yang Ming contract
The Yang Ming order comprises six LNG dual-fuel container ships and is the principal component of the combined value disclosed in the report. Sources indicated the figure of 1.5527 trillion won as the price attached to those six vessels.
The description provided identifies the ships as liquefied natural gas dual-fuel containerships, indicating propulsion systems capable of burning LNG as well as conventional marine fuels. No delivery dates, yard information or technical particulars beyond the fuel type and ship class were supplied in the report.
The Oceania VLGC order
The earlier contract concerns three very large gas carriers, conventionally abbreviated VLGCs, and was announced on 1 September. The value of that contract was reported as 477.8 billion won and the buyer described only as a shipowner based in Oceania.
Sources carried the reporting of both awards; the publication supplied the dates and the monetary figures but did not identify the Oceania buyer by name in the note provided for verification.
The combined total of about 2.0305 trillion won represents the arithmetic sum of the two contract values reported: 1.5527 trillion won for the Yang Ming containerships and 477.8 billion won for the three VLGCs. The company announcement, relayed by the news item dated 3 September 2026, framed the two contracts as separate wins within the opening days of the month.
Hanwha Ocean did not provide further information in the material summarised by the report supplied for verification. There were no additional technical specifications, financing details, delivery schedules or yard attributions included in the supplied notes, and the Oceania owner remains unnamed in that account.