Global LNG-powered fleet continues to grow

The number of LNG-powered vessels in operation and on order continues to grow and the global LNG-fueled fleet will rise to 1058 vessels by 2028, according to DNV’s Alternative Fuels Insight platform.

DNV’s data shows that the classification society has added at least six new LNG-powered vessels to its platform during June.

The classification society did not release its regular monthly report for June.

DNV added eight LNG-powered ships to its platform in May.

DNV previously reported orders for seven-LNG powered ships in April, one LNG-powered ship in March, 17 LNG-powered ships in February, 10 LNG-powered ships in January, and 130 LNG-powered vessels in 2023.

In addition to 1058 confirmed LNG-powered ships, the fleet powered by alternative fuels also includes 318 methanol-fueled vessels, 235 LPG-powered ships, 39 hydrogen-fueled vessels, and 26 ammonia-fueled vessels, according to the platform.

559 LNG-powered ships in operation

There are now 559 LNG-powered ships in operation and 499 LNG-fueled vessels on order, DNV’s platform shows.

Moreover, there are 103 LNG-powered containerships and 78 LNG-powered crude oil tankers in operation, and these vessels are followed by 64 oil/chemical tankers, and 57 bulk carriers.

As per vessels on order, LNG-powered containerships and car carriers account for a big part of the orders with 171 and 157 units respectfully.

Shipping firms also ordered 48 oil and chemical tankers, 40 crude oil tankers, and 22 cruise ships.

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

Besides LNG-powered vessels, there are 56 LNG bunkering vessels in operation and 14 on order, the platform shows.

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