Hanwha Ocean (KRX:042660) won a ₩1.55 trillion contract from Taiwan's Yang Ming Marine Transportation on 3 September to build six liquefied natural gas containership vessels, the company's second major followup order from the same customer after a July 2025 contract for seven ships.
The new order, for 13,650-TEU capacity containers, carries delivery dates through second-half 2029. The contract includes LNG dual-fuel propulsion and advanced hull designs optimized for fuel economy. Yang Ming is one of the top 20 global container lines and focuses on Asia-Europe trade lanes.
Hanwha Ocean's market capitalisation was ₩26.5 trillion at Thursday's close. First-half 2026 operating income of ₩893 billion nearly doubled from a year earlier as inventory drawdown and delivery acceleration boosted margin. Backlog stood at ₩37.6 trillion at 30 June.
Container line order books have lengthened as yards fill to 2029-2031 delivery windows, tightening supply and supporting pricing in the mid-ship market where Hanwha competes.
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| Symbol | Last Price |
|---|---|
| 042660Hanwha Ocean Co., Ltd. | ₩86,800 +0.3% |