Wan Hai Lines Piles On Boxship Orders With Near-$1bn Deal

Aug 21, 2026

Industry news

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Taiwanese carrier Wan Hai Lines has placed orders for eight containerships worth up to $980m at Shanghai Waigaoqiao Shipbuilding (CSSC), deepening an established shipyard relationship and expanding an already sizable newbuild orderbook. The Wan Hai Lines boxship orders comprise one 9,200 teu vessel and seven 11,000 teu ships, all specified with dual-fuel readiness for cleaner propulsion alternatives.

What Did Wan Hai Lines Order?

Wan Hai Lines ordered eight containerships across two stock exchange filings, confirming contracts at the CSSC-operated Waigaoqiao yard in Shanghai. The Taipei-headquartered carrier committed to:

  • One 9,200 teu containership, specified as methanol dual-fuel ready, priced between $102m and $112m
  • Seven 11,000 teu containerships, specified as both methanol- and LNG-dual-fuel ready, each priced between $118m and $124m

Across both contracts, Wan Hai Lines will spend between $928m and $980m, with prices inclusive of equipment upgrades.

How Much Is Wan Hai Lines Spending on New Vessels?

The combined value of the two contracts reaches up to $980m — approaching the $1bn threshold — making this one of the carrier's largest single ordering rounds on record. Per-vessel pricing reflects the premium attached to dual-fuel readiness, which equips ships to operate on conventional fuel while being technically prepared to transition to methanol or LNG as alternative fuel infrastructure matures.

Why Is Wan Hai Lines Ordering From Waigaoqiao Again?

The latest Wan Hai Lines boxship orders build on a growing and strategically concentrated relationship with Shanghai Waigaoqiao Shipbuilding. In March 2026, Wan Hai booked two 9,200 teu methanol-ready ships at the same yard for between $204m and $224m. That prior agreement was itself part of a broader six-ship ordering round, which also included four 6,000 teu LNG dual-fuel newbuilds contracted at Huangpu Wenchong Shipbuilding.

Returning repeatedly to Waigaoqiao suggests Wan Hai Lines values both the yard's technical capability and its ability to accommodate dual-fuel specifications at competitive prices.

Where Does This Leave Wan Hai Lines' Overall Orderbook?

At the time of its March 2026 orders, Wan Hai Lines already had more than 40 vessels on order across shipyards in China, Taiwan, and South Korea. The addition of eight further ships from the latest contracts pushes that figure significantly higher, signaling that the carrier is making a sustained, long-term bet on fleet expansion and fuel-transition preparedness — rather than a reactive short-term response to market conditions.

 

 

Copyright: Splash247 — Wan Hai piles on boxship orders with near-$1bn deal | By Adis Ajdin