DNV: another strong month for LNG-powered ship orders

Classification society DNV has reported another strong month in orders for LNG-powered vessels as owners look to slash emissions and costs.

Owners placed in total 31 orders for LNG-powered ships last month, according to DNV’s Alternative Fuels Insight platform. Compared to the record month of September, orders dropped by 4 vessels.

Martin Wold, principal consultant at DNV, said, “we saw orders across all the major ship segments and again car carriers lead the way; 12 new PCTCs.”

Four of these vessels are the ammonia-ready ships ordered by Hoegh Autoliners, he said.

The October count includes orders by Zodiac Maritime, Arab Maritime Petroleum Transport, J.P. Morgan, H-Line, Cido Shipping, SAIC Anji, Northern Lights JV, NS United Naiko Kaiun, Silversea Cruises, and Pasha Hawaii.

DNV another strong month for LNG-powered ship orders
Image: DNV

Looking at the global fleet, the DNV platform shows that 226 LNG-powered ships are already in operation with 409 on order.

LNG-powered car and passenger ferries lead the way with 41 in operation, followed by 26 offshore supply ships, and 26 oil/chemical tankers.

As per vessels on order, LNG-powered containerships and crude oil tankers account for most of the orders with 88 and 59 units, respectively.

These statistics do not include smaller inland vessels.

Most Popular

Cheniere’s Corpus Christi Trains 8 and 9 project 55.6 percent complete

US LNG exporter Cheniere continues to progress construction on its Corpus Christi Midscale Trains 8 and 9 project in Texas.

NFE says Altamira LNG offline due to mechanical issue

New Fortress Energy's Fast LNG (FLNG) project off Mexico’s Altamira is offline due to a mechanical issue with the facility’s gas turbine.

MISC names QatarEnergy LNG carrier

South Korea's Samsung Heavy Industries hosted a naming ceremony for a liquefied natural gas (LNG) carrier it built for Malaysia's MISC and state-owned LNG giant QatarEnergy.

More News Like This

DNV: 48 LNG-powered vessels booked in September

Classification society DNV said on Thursday that alternative-fueled vessel ordering in September reached the highest monthly total since October 2024, with LNG remaining the dominant fuel choice.

HD Hyundai Heavy secures DNV OK for LNG bunkering vessel

South Korean shipbuilder HD Hyundai Heavy Industries has secured approval in principle from classification society DNV for a new 12,000-cbm LNG bunkering vessel design.

HD Hyundai Heavy gets DNV OK for giant LNG carrier

South Korean shipbuilder HD Hyundai Heavy Industries has secured approval in principle from classification society DNV for its new 271,000-cbm LNG carrier design.

China’s Hudong-Zhonghua develops new LNG carrier design

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.