DNV says eight LNG-powered ships ordered in October

Classification society DNV has added eight more LNG dual-fuel ships to its Alternative Fuels Insight platform in October, mostly car carriers, as the newbuild market remains slow.

According to Martin Wold, principal consultant at DNV, the car carrier segment is fueling the growth this month, bringing the total number of LNG-powered ships in this segment to 112.

Last month, DNV reported 14 more LNG dual-fuel ship orders.

For the first time ever, orders for methanol-fueled ships outnumbered that of LNG this month, Wold said.

Maersk, Cosco Shipping, and OOCL combined ordered 18 large boxships this month, which would all be able to run on methanol, he said.

840 confirmed LNG-powered ships

DNV’s platform shows that there are 324 LNG-powered ships in operation and 516 LNG-fueled vessels on order.

DNV says eight LNG-powered ships ordered in October

LNG-powered car and passenger ferries continue to lead the way with 42 in operation. The operational fleet also includes 41 oil/chemical tankers, 41 crude oil tankers, and 40 containerships.

As per vessels on order, LNG-powered containerships account for a big part of the orders with 171 units. Owners also ordered 102 car carriers, 53 bulk carriers, and 48 crude oil carriers.

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

Besides LNG-powered vessels, there are 40 bunkering vessels in operation and 21 on order, the platform shows.

In addition to 840 confirmed LNG-powered ships, there are 143 LPG-powered ships, 84 methanol-fueled vessels, and 25 hydrogen-fueled vessels, according to the platform.

Most Popular

Venture Global’s Plaquemines LNG to commission third jetty

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce hazardous fluids to the third jetty at its Plaquemines LNG export plant in Louisiana.

Samsung Heavy, KR to develop three-tank LNG carrier

South Korean shipbuilder Samsung Heavy Industries signed a memorandum of understanding with compatriot classification society KR to jointly develop a 174,000-cbm LNG carrier featuring three cargo tanks.

Another FSRU arrives in Egypt

The 160,000-cbm FSRU Energos Eskimo has arrived in Egypt from Jordan, according to shipping data. The unit is one of four FSRUs that will serve a charter deal with Egypt's EGAS as the country seeks to meet its growing demand for natural gas.

More News Like This

GTT develops new ethane containment tech

French LNG containment giant GTT has received approvals from classification society BV for its new cargo containment systems developed for ethane transport.

Hudong-Zhonghua gets DNV OK for new LNG carrier

Chinese shipbuilder Hudong-Zhonghua has received approvals from classification society DNV for three new vessel designs, including a liquefied natural gas (LNG) carrier.

Samsung Heavy develops new FLNG concept

South Korean shipbuilding giant Samsung Heavy Industries has received approvals from three classification societies for its new multi-purpose FLNG concept.

DNV: 20 LNG-powered vessels booked in April

Classification society DNV added 20 LNG-powered ships to its Alternative Fuels Insight platform in April. According to DNV, there were 72 orders for LNG-powered vessels during the first four months of this year.