Generic Hero BannerGeneric Hero Banner
Latest market news

Alternative-fuel ship orders fall in 1H 25: DNV

  • : Fertilizers, Hydrogen, LPG, Natural gas, Petrochemicals
  • 25/07/01

Orders for new alternative-fuelled vessels fell in the first half of 2025 from a year earlier, according to Norway-based classification agency DNV.

It said 151 new alternative-fueled vessels were ordered, down from 179 in the same period in 2024. These orders represented 19.8mn gross tonnes (GT), up by 78pc from the same period in 2024.

LNG-fueled vessels accounted for 87 of the new orders in the first half, followed by methanol-fueled ships, with 40. DNV said 17 were LPG-fueled vessels, followed by hydrogen with four orders and ammonia with three.

Orders for alternative-fueled vessels totaled 19 in June, up from 16 in May. The orders included 11 LNG-fueled vessels, four methanol-fueled ships, two hydrogen-fueled vessels, and two LPG carriers.

New orders, 1H 2025
FuelNumber of vessels
LNG-fueled87
Methanol-fueled40
LPG-fueled17
Hydrogen-fueled4
Ammonia-fueled3

Generic Hero Banner

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more