October strongest month-ever for alternative fuel newbuilds
Statistics from class society DNV showed 97 orders for alternative fuel newbuildings last month and 464 new orders in 2024 so far
LNG was the fuel of choice for orders last month, followed by a resurgence for methanol in the context of 2024, but a recent TotalEnergies outlook suggests shipping has a long way to go if it is to meet international climate targets