DNV reports new monthly record for LNG-powered vessel orders

Classification society DNV says orders for LNG-powered ships hit a new record high in April following 21 orders in the month before.

Owners placed in total 31 orders for LNG-powered ships in April, ten more compared to the prior month when they logged a record as well, according to DNV’s Alternative Fuels Insight platform.

“That brings the year-to-date order count to 80 ships, with majority being large vessels trading globally. That’s nearly 20 percent of the orders YTD with LNG fuel,” Martin Wold, principal consultant at DNV, said.

The April orders include CMA CGM’s twelve LNG-powered containerships but also orders by Eastern Pacific Shipping and H-Line for Rio Tinto charter, TT-Line, and SFL Corporation.

DNV reports new monthly record for LNG-powered vessel orders
Image: DNV

The DNV platform shows that 199 LNG-powered ships are already in operation with 295 on order.

LNG-powered car and passenger ferries lead the way with 43 in operation, followed by 25 offshore supply ships, and 20 oil/chemical tankers.

As per vessels on order, LNG-powered containerships and crude oil tankers account for most of the orders with 59 and 58 units, respectively.

Most Popular

Eni: third phase of YPF’s Argentina LNG project requires $20 billion investment

The third phase of YPF's Argentina LNG export project would require an investment of about $20 billion, according to Eni’s COO of global natural resources, Guido Brusco.

Wison scores Suriname FLNG gig

China’s Wison New Energies has signed a detailed feasibility study deal for a newbuild floating liquefied natural gas (FLNG) facility in Suriname's offshore Block 52.

Venture Global to introduce gas to tenth Plaquemines liquefaction block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the tenth liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

More News Like This

Hudong-Zhonghua delivers CMA CGM’s LNG-powered giant

Chinese shipbuilder Hudong-Zhonghua has delivered CMA CGM’s first in a new series of 23,000-teu LNG dual-fuel containerships.

H-Line Shipping, ExxonMobil name LNG carrier duo in South Korea

South Korea's H-Line Shipping and US energy giant ExxonMobil recently named two newbuild liquefied natural gas (LNG) carriers in South Korea.

Eastern Pacific Shipping in 350th LNG bunkering op

Singapore’s Eastern Pacific Shipping has completed its 350th ship-to-ship LNG bunkering operation as the company’s fleet of LNG-powered vessels continues to expand.

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