DNV says 8 LNG-powered vessels ordered in March

Classification society DNV has added 8 LNG dual-fuel ships to its Alternative Fuels Insight platform last month.

The first quarter of this year has been slow for LNG-powered newbuild orders after a record 2022 with 222 orders.

In January, DNV reported no orders for LNG-powered vessels, while there were 10 LNG dual-fuel ships and 22 methanol-powered vessels ordered in February.

“A slightly slower month in March as we added 10 ships with alternative fuels propulsion to our AFI database, eight of which are LNG-fueled,” Martin Wold, principal consultant at DNV’s maritime advisory business, said on Tuesday.

During the month under review, Samskip contracted two hydrogen-powered containership at India’s Cochin Shipyard.

“No new methanol orders were added, but the pipeline keeps building so next month may likely see a high count again,” Wold said.

DNV says 8 LNG-powered vessels ordered in March
Image: DNV

379 LNG-powered ships in operation

DNV’s platform shows that 379 LNG-powered ships are already in operation, while owners placed orders for 515 LNG-fueled vessels.

LNG-powered crude oil tankers lead the way with 54 in operation, followed by 46 containerships, 44 oil/chemical tankers, and 43 passenger ferries.

As per vessels on order, LNG-powered containerships account for a big part of the orders with 188 units. Owners also ordered 121 car carriers, 44 oil and chemical tankers, and 42 bulk carriers.

These statistics do not include smaller inland vessels or dual-fuel LNG carriers.

44 LNG bunkering vessels and 176 LPG-powered ships

Besides LNG-powered vessels, there are 44 LNG bunkering vessels in operation and 20 on order, the platform shows.

In addition to 894 confirmed LNG-powered ships, the fleet powered by alternative fuels also includes 176 LPG-powered ships, 106 methanol-fueled vessels, and 27 hydrogen-fueled vessels, according to the platform.

Most Popular

Delfin takes FID on first FLNG

Delfin Midstream has taken a final investment decision for the first 4.4 mtpa floating liquefied natural gas unit of its LNG project under development in Louisiana. Delfin says the FLNG is the first floating liquefaction facility in the United States and the world's largest FLNG.

Malaysia’s Petronas Gas, Integrax ink pact for new LNG import terminal

Malaysia's Petronas Gas, a unit of Petronas, has signed a binding deal with compatriot Integrax, a part of TNB Power Generation, to jointly develop the country's first FSRU-based LNG import terminal in Lumut, Perak.

Samsung Heavy secures FLNG order from Delfin

South Korea's Samsung Heavy Industries has secured an order worth approximately $2.88 billion to build the first floating LNG production unit for Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, according to shipbuilding sources.

More News Like This

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.

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.

DNV says 14 LNG-powered vessels booked in February

Classification society DNV added 14 LNG-powered ships to its Alternative Fuels Insight platform in February, as LNG fuel continues to dominate in new orders for alternative-fueled vessels.

Hudong-Zhonghua gets approvals for LNG carrier, FSRU

Chinese shipbuilder Hudong-Zhonghua has received approvals from classification societies for new vessel designs, including an LNG carrier and a floating storage and regasification unit (FSRU).