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

TotalEnergies, CMA CGM get EU OK for LNG bunkering JV

French energy giant TotalEnergies and compatriot shipping firm CMA CGM have received approval from the European Commission to form a 50/50 logistics joint venture and operate an LNG bunkering supply solution at the Dutch port of Rotterdam.

Chinese yard nears completion of LNG bunkering vessel conversion

China’s Guangzhou Shipyard International has almost completed the conversion of the 28,000-cbm LNG carrier CNTIC VPower Global into an LNG bunkering vessel.

Belgium’s Zeebrugge terminal to receive latest Golden Pass LNG cargo

The Fluxys-operated LNG import facility in the Belgian port of Zeebrugge is expected to receive another cargo from the Golden Pass LNG export terminal in Texas, owned by QatarEnergy and ExxonMobil, according to shipping data.

More News Like This

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.

DNV says 8 LNG-powered vessels booked in May

Classification society DNV said 36 new orders for alternative-fueled vessels were placed in May, including 8 LNG-powered ships.

MISC, K Line charter another LNG-powered LCO2 carrier to Northern Lights

Malaysia's MISC and Japan's K Line have secured a second long-term time charter deal from Norway’s Northern Lights, a joint venture consisting of Equinor, Shell, and TotalEnergies, for an additional newbuild LNG-powered liquefied CO2 vessel.

DNV says 20 LNG-powered vessels booked in April

Classification society DNV added 20 LNG-powered ships to its Alternative Fuels Insight platform in April, as LNG fuel continues to dominate in new orders for alternative-fueled vessels.