Alternative Fuel Newbuilding Orders Strong in January
According to the latest figures from DNV's AFI platform, it was another strong month for alternative fuel orders. This was led by methanol fueled ships, where 23 new orders were registered. Around 70% of these were in the container segment with the remainder mainly made up of vessels in the bulk and RoRo segments.LNG continues to feature strongly, with 10 more LNG fueled ships added to the database. Car carriers and tankers made up the bulk of these orders, followed by RoPax.
DNV Reports More New Fuel Car Carrier Orders
According to the latest figures from DNV's AFI platform, November saw eight new vessels with alternative fuel propulsion ordered. Among these, four were for LNG-powered ships, while the remaining four were methanol-powered. All eight orders were withing the RoRo and car carrier segment.So far this year, the platform has logged 268 new orders for alternative fuel vessels, including 112 LNG- and 152 methanol-powered ships. June and July saw the most activity related to LNG with 47 new orders combined…
LNG Jumps Ahead of Methanol Fuel in Latest Vessel Ordering
According to the latest figures from DNV’s AFI platform, 21 LNG alternative fueled vessels were added to the database in August. It was the second strongest month for LNG orders in over a year. September saw continued growth with eight LNG fueled vessels in the orderbook.LNG container vessels represent the larger share of newbuilds in August and September with car carriers and tankers not far behind. There are currently 978 confirmed LNG fueled ships on order or in operation.After a record month for methanol orders in July, August saw no new orders.
Methanol Beats LNG in June Newbuilding Orders
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 55 vessels with alternative fuel propulsion were ordered in June.Of these 26 were orders for LNG fuelled vessels and 29 for methanol powered vessels (including retrofits). So far this year the total order figure for alternative fuel vessels stands at 128. The container segment continues to be the main driver of growth in orders for alternative fuel vessels.Container vessels constituted almost half on the LNG fuelled ships ordered last month, bringing the total for LNG fuelled container vessels over 250.
May Methanol Orders Exceed LNG
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 19 vessels with alternative fuel propulsion were ordered in May - seven for LNG and 12 for methanol.This brings the year-to-date total for alternative fuel vessels to 73. Martin Wold, Principal Consultant in DNV’s Maritime Advisory business, commented: “In May container vessels and car carriers continued to dominate the orders for ships equipped to use alternative fuels. Following the normalisation of gas prices…
Future Fuels: 275 Altenative Fuel Ships Ordered in 2022
The total number of ships with alternative fuels ordered in 2022 was 275 (excluding battery operated vessels), according to numbers released today from DNV viat its Alternative Fuels Insight report.In addition, more than 50 LPG carriers have been ordered with LPG dual fuel systems. Predictably, LNG led the way with 222 ships or 81 % of total orders. Seventy-four percent of these orders were for container vessels and Pure Car and Truck Carriers (PCTCs), while product tankers came in third representing 9 % of orders.
DNV GL: LNG is a Growing Force
At DNV GL’s Nor-Shipping press flash, Martin Wold, head of the Alternative Fuels Insight (AFI) platform at DNV GL – Maritime, presented the latest AFI figures. Looking at the data, Wold said that exponential growth in installed LNG tank capacity pointed to a potential boom in LNG for larger vessels over the coming years.Is shipping at a turning point in terms of its fuel mix? AFI head Martin Wold suggested that the rapid growth in installed LNG tank capacity could mark the start of a new era in ship fuel.
New Fuel Rules Push Shipowners to Go Green with LNG
Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refueling facilities in the shipping industry's biggest shake-up in decades.From 2020, International Maritime Organization rules will ban ships from using fuels with a sulphur content above 0.5 percent, compared with 3.5 percent now, unless they are equipped to clean up sulphur emissions. This will be enforced…
DNV GL Launches LNG Fuel Finder
Just in time for Nor-Shipping, DNV GL will launch the LNG Fuel Finder - a new tool on its LNG business intelligence portal LNGi. The new LNG Fuel Finder service will allow shipowners and charterers to register their interest in using LNG as a ship fuel free of charge, connecting them directly with LNG suppliers. DNV GL has also introduced the option of signing up to a new lean version, where interested parties can access some of LNGi’s services and data free of charge. The question of bunkering availability is still a major stumbling block for shipowners looking to make their first moves in LNG as a marine fuel. Information can be hard to find, and it remains challenging to keep track of new developments.
Being LNG Ready could be the Best Option for Many Ships
DNV now offers shipowners the support they need to make newbuilds and existing vessels LNG ready with class approved designs, ready for later, simple retrofit of LNG technology. The service enables shipowners to make smart choices and minimal investments now in readiness for when LNG bunkering becomes widely available. Shipowners are supported through all stages of the decision-making process as they prepare to meet the IMO air emission regulations entering into force from 2015.
