According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 36 new orders for alternative-fuelled vessels were placed in May 2026.Activity was primarily driven by LPG/ethane carriers, which accounted for
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 36 new orders for alternative-fuelled vessels were placed in May 2026.
Activity was primarily driven by LPG/ethane carriers, which accounted for 26 of the orders. A further eight LNG-fuelled vessels were ordered, including six container vessels and two car carriers, alongside two ethanol-fuelled bulk carriers.
So far in 2026, a total of 119 orders have been placed for alternative-fuelled vessels. Of these, LNG-fuelled vessels (60) account for the largest share of the orderbook, with the majority of these (42) coming from the container segment, and a smaller share (12) from car carriers.
A further 50 orders have been placed for LPG/ethane carriers, while activity in other fuel types remains limited, with orders for methanol/ethanol (4), ammonia (4), and hydrogen (1).
By the end of May, the share of alternative-fuelled vessels in total tonnage was notably lower than over the same period in 2025.
“While the pace of alternative-fuelled contracting has varied compared to 2025, the industry continues to move forward in its transition, with owners advancing fuel and technology decisions against a backdrop of evolving regulatory and market conditions.
“As in previous years, ordering of
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