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 reveals LNG fleet details

US LNG exporter Venture Global LNG has revealed more details regarding its fleet of nine owned and three chartered liquefied natural gas carriers.

NFE working on two more FSRU charter deals

US LNG player New Fortress Energy is in advanced talks to charter two more floating and regasification units, according to its management.

Gastrade to restart Alexandroupolis FSRU ops in August

Greece's Gastrade plans to resume Alexandroupolis FSRU operations on August 15 following a technical issue in January this year.

More News Like This

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.

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

DNV says 33 LNG-powered vessels ordered in February

Classification society DNV added 33 LNG-powered ships, all container vessels, to its Alternative Fuels Insight platform in February. DNV also said that eight orders were placed for LNG bunkering vessels in February, representing a 50 percent expansion of the LNG bunkering vessel orderbook.