DNV says 16 LNG-powered ships ordered in February

Classification society DNV said that owners placed orders for 16 LNG-powered ships in February, mostly for container vessels and car carriers.

Compared to the prior month, orders dropped by 24 vessels but January included around 15 vessels from December.

September still holds the record with 35 orders for LNG-powered vessels.

Martin Wold, principal consultant at DNV, said, “order intake for LNG-fueled newbuilds continues at high pace, despite increasingly uncertain outlook for gas prices.”

“Total confirmed fleet has now reached 710 ships,” he said.

In addition, Seaspan Marine Corporation also contributed to “much needed” extra LNG bunkering supply capacity with their order for two bunkering vessels in China, he said.

The February count includes orders by Zodiac Maritime, Eastern Pacific Shipping, H Line, CLdN, MOL, and Tiger Group.

According to DNV’s Alternative Fuels Insight platform, 269 LNG-powered ships are already in operation.

LNG-powered car and passenger ferries continue to lead the way with 44 in operation. The operational fleet also includes 33 oil/chemical tankers, 32 offshore supply ships, and 32 containerships.

As per vessels on order, LNG-powered containerships account for a big part of the orders with 123 units. Owners also ordered 60 LNG-powered crude oil carriers, 60 car carriers, and 52 bulk carriers.

These statistics do not include smaller inland vessels.

Most Popular

MOL gets OK for two LNG carrier designs with sails

Japan’s shipping giant MOL has secured approval from classification society Lloyd's Register (LR) for two liquefied natural gas (LNG) carrier designs equipped with four Wind Challenger sails.

Hanwha Ocean scores LNG carrier order

South Korea's Hanwha Ocean has secured a new contract to build one liquefied natural gas (LNG) carrier for about $252 million.

NFE logs $557 million net loss, continues Puerto Rico supply deal talks

US LNG player New Fortress Energy reported a net loss of $557 million in the second quarter of 2025, while it continues to negotiate a long-term gas sale agreement with PREPA to provide gas island-wide in Puerto Rico.

More News Like This

DNV says 22 LNG-powered vessels booked in July

Classification society DNV added 22 LNG-powered ships, mostly container vessels, to its Alternative Fuels Insight platform in July.

DNV approves LNG-powered LCO2 carrier

Classification society DNV has awarded a general approval for ship application certificate to Japan's MOL, Malaysia's MISC and Petronas CCS Ventures, and China's SDARI for their jointly-developed LNG-powered liquid carbon dioxide (LCO2) carrier design.

DNV: LNG remains fuel of choice

Liquefied natural gas (LNG) remains the clear fuel of choice for alternative-fueled vessel orders, with 87 new ships ordered, totaling 14.2 million gross tonnes so far in 2025, according to classification society DNV.

Cosco Shipping’s yards get DNV OK for FLNG concept

China's Cosco Shipping (Qidong) Offshore and Cosco Shipping Shipyard (Nantong), both part of Cosco Shipping, have received approvals from classification society DNV for their nearshore floating LNG production unit.