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Hapag-Lloyd to convert ships to methanol

[ April 16, 2024   //   ]

Hapag-Lloyd has signed a partnership with Seaspan Corporation to convert five 10,100teu ships currently on long-term charter to dual-fuel engines capable of using methanol. The work is expected to take 80-90 days per vessel starting in the first quarter of 2026 and the total investment is estimated at around US$120 million for all five vessels.

The line’s chief operating officer, Dr. Maximilan Rothkopf, stated: “The methanol retrofit project is a further step in our ambitious sustainability agenda, which aims to achieve the decarbonisation of the entire fleet by 2045. By enabling these vessels to use green methanol as of 2026, we will meet our customers’ growing demand for green transportation solutions.”

Torsten Holst Pedersen, chief operating officer (COO) of Seaspan, added: “Retrofitting must be an integral part of the strategy if the container shipping industry wants to deliver on its decarbonisation targets.”

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