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 produces first LNG cargo at Corpus Christi expansion project

US LNG exporting giant Cheniere has produced the first cargo at the Corpus Christi Stage 3 expansion project in Texas.

Centrica seals LNG supply deal with Petrobras

UK-based energy firm Centrica has signed a 15-year LNG supply deal with Brazil’s state-owned energy firm Petrobras.

Japan’s Japex boosts LNG sales

Japan Petroleum Exploration (Japex) boosted its sales of liquefied natural gas (LNG) in the April-December period last year.

More News Like This

SeaKapital orders LNG bunkering duo

Hong Kong-based SeaKapital has ordered two large LNG bunkering vessels at Ningbo Xinle Shipbuilding.

DNV says 12 LNG-powered vessels ordered in January

January was a slow month for LNG-powered vessel orders following a record of 264 LNG-powered ships ordered last year. DNV...

DNV: LNG-powered ship orders rose 103 percent in 2024

The latest data from DNV’s Alternative Fuels Insights (AFI) platform shows that a total of 515 alternative-fueled vessels were...

Northern Lights welcomes second LNG-powered LCO2 carrier in its fleet

The second Northern Lights JV’s LNG-powered liquefied CO2 carrier has been delivered in China. Northern Lights, the JV consisting of...