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Home Shipping Trends

Green ships reach 40% of orderbook as fuel oil orders dive

Editor by Editor
3 weeks ago
Reading Time: 1 min read
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The percentage of ‘alternative’ propulsion containerships in the orderbook has topped 40% for the first time as the past six months has seen carriers turn rapidly away from conventional fuel oil options.

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LNG dual-fuel units on order reached 198 ships of 2.31 Mteu at the start of this week, equivalent to just shy of 30% of the orderbook, its highest proportion to date. This is up from a 25% share of the orderbook 12 months ago.

But it’s the growth in methanol units that has driven the greatest increase in green orders: methanol dual-fuel ships have advanced at a faster rate as a proportion of the orderbook to reach a current 68 ships of 0.93 Mteu. The segment represents 12% of the orderbook by capacity vs less than 1% a year ago.

Source: Alphaliner

Tags: AlphalinerContainer shippingemissions from shippingglobal shipping fleetglobal tradeMaerskshipping routes
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