DNV: 12 LNG-powered ships ordered in August

Classification society DNV said that owners placed orders for 12 LNG-powered ships in August, mostly for car carriers.

Compared to the last month, orders dropped by 8 vessels. June still holds the record with 33 orders for LNG-powered vessels, according to DNV’s Alternative Fuels Insight platform.

The year-to-date order count now reached 161 LNG-powered ships.

Martin Wold, principal consultant at DNV, said August orders were mainly driven by car carriers.

These include orders by Japan’s MOL and SFL Corporation but also orders for tankers by Hafnia and Ocean Residences Development for one LNG-powered luxury residential yacht.

Wold added that September orders have already beaten the August count.

EPS recently booked LNG PCTCs, Shell signed a deal with Crowley for one LNG bunkering vessel, while Zim and Seaspan added five more containerships to the previous order.

DNV 12 LNG-powered ships ordered in August

Looking at the global fleet, the DNV platform shows that 221 LNG-powered ships are already in operation with 354 on order.

LNG-powered car and passenger ferries lead the way with 44 in operation, followed by 26 offshore supply ships, and 25 oil/chemical tankers.

As per vessels on order, LNG-powered containerships and crude oil tankers account for most of the orders with 71 and 55 units, respectively.

These statistics do not include smaller inland vessels.

Most Popular

Shell wraps up acquisition of Pavilion Energy

UK-based LNG giant Shell has completed its previously announced acquisition of Singapore's Pavilion Energy.

India’s ONGC approves Mozambique LNG investment

India’s state-run ONGC has approved an investment by its unit, ONGC Videsh, into the TotalEnergies-led Mozambique LNG joint venture, which is developing a 12.8 mtpa liquefaction plant at the Afungi complex.

Australia’s Viva Energy seeks FSRU for Geelong project

Australia’s Viva Energy is looking to secure a floating storage and regasification Unit (FSRU) for its proposed LNG import terminal in Geelong, Australia.

More News Like This

DNV says seven LNG-powered vessels booked in March

Classification society DNV added seven LNG-powered ships, all container vessels, to its Alternative Fuels Insight platform in March. DNV also said that there were 12 orders for methanol-powered vessels and two for ammonia-powered vessels last month

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.

MOL sells steam LNG carrier for scrap

Japan's shipping giant MOL has sold one steam liquefied natural gas (LNG) carrier for scrap, according to brokers.

QatarEnergy LNG carrier completes trials in China

A 174,000-cbm liquefied natural gas (LNG) carrier built as part of the massive QatarEnergy shipbuilding program has completed its trials in China, according to Hudong-Zhonghua.