Hapag-Lloyd and Seaspan agree to retrofit 5 10,100 TEU ships with methanol-capable engines, aiming to reduce greenhouse gas emissions by 2026.

Hapag-Lloyd and Seaspan Corporation have agreed to retrofit five 10,100 TEU container ships with dual-fuel engines capable of operating on methanol, costing approximately $120 million. The goal is to reduce greenhouse gas emissions and meet customers' demand for greener transportation solutions using green methanol, starting from 2026. The retrofit process is expected to take 80-90 days per vessel and aligns with Hapag-Lloyd's decarbonization goal by 2045.