Alternative fuel share of newbuilding orderbook grows as ordering activity slows
- A combined 19.8m gross tonnes of alternative fuel merchant ships were ordered in the first half of 2025, up 78% year on year
- DNV global decarbonisation director Jason Stefanatos believes that shipowners are taking a more measured approach to alternative-fuel vessel investment than previously
- Major recent orders included six 22,000 teu, LNG dual-fuel boxships ordered by MSC and 10 very large ore carriers, of methanol dual-fuel specification, contracted by China’s Shandong Shipping
A rise in orders for large dual-fuel containerships, bulk carriers, crude oil tankers and ro-pax ferries is attributed to the increase in tonnage ordered
