Ship owners are increasingly favoring methanol as an alternative fuel type

In the month of July, the majority of ship owners who ordered newbuildings with alternative fuels chose methanol, as reported by the classification society DNV. According to their monthly report, 62 ships were ordered with alternative fuels. Meanwhile, the SEA-LNG coalition has shared an analysis of the green LNG bunkering market, revealing that BIO-LNG is gaining ground. This biofuel is available today in nearly 70 ports worldwide, including major locations such as Singapore, Rotterdam, and the US East Coast.

This report is for subscribers only Start with a FREE 30-day trial and then save up to 22% with an annual subscription. Get instant access to over 1,500 reports. Cancel anytime.
Already a subscriber ? Log in

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

Brighten Up Your Thursday!

SIGN UP to receive our free weekly newsletter with new shipping market reports, presentations & analysis! EVERY THURSDAY!