Yang Ming Marine Transport (TPE:2609) signed deals with South Korea's Hanwha Ocean (KRX:042660) to build six 13,000 twenty-foot equivalent unit (TEU) LNG dual-fuel container vessels.
The vessels are priced at $185 million to $204 million each, bringing the total contract value to between $1.11 billion and $1.224 billion, according to a Thursday Taiwan Exchange filing.
The company said the ships will support its future operational needs.