Tuesday, September 22, 2026

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Hanwha Ocean bids against Chinese yards for Maersk mega-ships

The Danish carrier confirmed 26 dual-fuel vessels while seeking up to 42 ships worth $8.9 billion, testing South Korean delivery discipline against Chinese dock capacity.

Workers stand on scaffolding around a large ship at a Hanwha Ocean shipyard dry dock as the company pursues major container vessel orders. (AI-generated image)
Workers stand on scaffolding around a large ship at a Hanwha Ocean shipyard dry dock as the company pursues major container vessel orders. (AI-generated image)

Hanwha Ocean entered direct bidding against Chinese shipbuilders on Sept. 21, 2026, targeting an order of 12 ultra-large container vessels for Danish carrier A.P. Moller–Maersk.

The package forms part of a broader fleet renewal plan encompassing up to 42 ships worth $8.9 billion. That total represents roughly 10% of Maersk's current operating capacity of 4.74 million TEU — twenty-foot equivalent units.

The documents behind this briefing are linked above. East Asia Brief produces its English text with AI assistance under human editorial review, and does not translate or republish other outlets' articles. See our methodology and AI policy. Spotted an error? Tell us.

HL

Hyun-jung Lee

Korea correspondent, shipbuilding and defense — Hyun-jung Lee reports on Korean yards, order books and naval programs, and on the defense export contracts that increasingly sit alongside them.

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