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

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.

Atlantic LNG rates continue to increase

Atlantic spot LNG shipping rates rose for the third week in a row, rising $5,250 week-on-week to $25,250 per day, according to Spark Commodities.

More News Like This

HD Hyundai Heavy secures DNV OK for LNG bunkering vessel

South Korean shipbuilder HD Hyundai Heavy Industries has secured approval in principle from classification society DNV for a new 12,000-cbm LNG bunkering vessel design.

HD Hyundai Heavy gets DNV OK for giant LNG carrier

South Korean shipbuilder HD Hyundai Heavy Industries has secured approval in principle from classification society DNV for its new 271,000-cbm LNG carrier design.

China’s Hudong-Zhonghua develops new LNG carrier design

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.

DNV says LNG bunkering fleet may need to more than double by 2030

The global LNG bunkering vessel fleet may need to more than double by 2030 as demand from LNG-fueled ships grows faster than the infrastructure required to supply them, according to classification society DNV.