Asia’s big container lines advancing dual-fuel boxship race
- Asia’s key container carriers have been slower than European rivals to adopt dual-fuel technology but are rapidly catching up as decarbonisation pressures intensify
- Since the fourth quarter, almost all new alternative-fuel containership orders have come from Asia, with LNG being the dominant fuel choice
- While European carriers MSC and CMA CGM continue to lead on vessel numbers, Asian carriers are scaling up rapidly
Although European operators had a head start, the scale and speed of Asian carriers’ recent commitments suggest the decarbonisation gap is narrowing
