Record number of LNG-fuelled ships ordered in Q2

As per the DNV’s Alternative Fuels Insight (AIF) platform data released recently the containerships continue to lead the charge for LNG fuel. About 30 orders for LNG fuelled vessels were placed in May alone taking the total for 2022 to 151 with car carriers also proving a strong backer of LNG fuel.

In terms of the extant fleet, there are currently 805 confirmed LNG fuelled ships operating, and 229 additional LNG ready ships

Looking at the global orderbook, Clarkson Research Services data shows that 39.6% of ships on order in gt terms are alternative fuel capable, with LNG by some distance in the lead.

According to data compiled by Clarksons, for the first time, the majority of orders in 2022 through to mid-May – 63% in gt terms – have been for alternative fuel capable units, up from around 30% in the previous two years.