Norwegian leasing company Ocean Yield has expanded its fleet with the acquisition of a container ship newbuilding resale.

It is buying a wide-beam 5,500-teu ship under construction at South Korea’s HJ Shipbuilding & Construction (HJSC), formerly known as Hanjin Heavy Industries & Construction, the company confirmed.

The conventionally-fuelled vessel has been designed to be converted to dual-fuel operation with methanol as fuel.