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.
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.