LNG tops alternative-fuel vessel orders in January – DNV

DNV’s alternative fuel database recorded 20 new vessel orders in January. This marks a “positive opening” to the year, said Kristian Hammer, senior consultant at DNV.

LNG dominated January’s ordering activity with 16 orders, bringing the LNG orderbook to 655 vessels, with deliveries scheduled through to 2033.

Another 854 LNG-capable vessels are currently in operation, according to DNV’s database.

Three LPG-capable vessels and one methanol-capable vessel were also ordered during the month.

There are 337 methanol-capable vessels on order for delivery towards 2030 and 90 LPG-capable vessels for delivery towards 2028.

The operational alternative fuel-capable fleet includes 112 methanol-capable vessels and 145 LPG-capable vessels.

No orders were recorded for ammonia-capable vessels. There are still only three ammonia-capable vessels in operation and a further 46 on order for delivery towards 2029.

By Konica Bhatt

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