DNV: global LNG-powered fleet continues to rise

Classification society DNV says there are now at least 200 LNG-powered ships in operation around the globe as orders for such vessels continue to rise.

Owners placed in total 15 orders for LNG-powered ships in May, according to DNV’s Alternative Fuels Insight platform.

This compares to record 31 ships in April and 21 in March.

Growth in May orders was driven by large Capesize bulkers, followed by small tankers but also a few tugs, Martin Wold, principal consultant at DNV, said.

The orders include Eastern Pacific Shipping’s six LNG-powered dry bulk carriers which would go on charter to mining giant Rio Tinto but also orders by Canada’s McAsphalt and Germany’s John T. Essberger.

More than 500 LNG-fueled ships

As per vessels in operation, the DNV classed research vessel Atair became the 200th LNG-powered ship to go in operation, Wold said.

In addition, the global orderbook tipped 300, so in total there are now more than 500 LNG-fueled ships confirmed, Wold added.

DNV global LNG-powered fleet continues to rise
Image: DNV

The DNV platform shows that LNG-powered car and passenger ferries lead the way with 43 in operation, followed by 26 offshore supply ships, and 21 oil/chemical tankers.

As per vessels on order, LNG-powered containerships and crude oil tankers account for most of the orders with 57 units, each.

These statistics do not include smaller inland vessels such as GNG Ocean’s 50 LNG-powered bulkers that will be deployed on the Pearl River in China’s Guangdong province.

Most Popular

Japan’s MOL merges six ship management companies into one entity

Japanese shipping giant MOL, owner of a large LNG carrier fleet, has merged six of its ship management companies...

Top 5 news of the week August 24-30

LNG Prime brings you the five most popular news stories on our platform during the week of August 24-30, 2026.

Germany’s BASF gets first LNG cargo under Cheniere contract

German chemicals giant BASF has received its first liquefied natural gas (LNG) cargo under a long-term contract with US LNG exporter Cheniere.

More News Like This

India’s GAIL plans Kandla LNG bunkering facility

India’s largest gas utility GAIL has signed a cooperation agreement with Deendayal Port Authority (DPA) and classification society DNV on setting up a liquefied natural gas (LNG) bunkering facility at the port of Kandla on the northwestern coast of India.

EPS wraps up 700th STS LNG bunkering op

Singapore’s Eastern Pacific Shipping has completed its 700th ship-to-ship LNG bunkering operation as the company’s fleet of LNG-fueled vessels continues to expand.

DNV says 10 LNG-powered vessels booked in June

Classification society DNV said 15 new orders for alternative-fueled vessels were placed in June, including 10 LNG-powered ships.

EPS seals refinancing deal for CoolCo LNG carriers

Singapore-based Eastern Pacific Shipping has signed a syndicated financing transaction for eleven liquefied natural gas (LNG) carriers owned by its unit CoolCo.