LNG-fuelled ships
March 7 (LNGJ) - Orders for alternative fuel vessels such as those powered by LNG picked up in February after a slump from the end of 2022. European classification society DNV said that there were 10 orders placed for LNG-fuelled vessels last month and all of them were containerships.
However, there were also 22 orders for ships to be powered by methanol. DNV said that so far in 2023 the total order figure for alternative fuel vessels stands at 34. “LNG offers immediate an reduction of greenhouse-gas even when fossil LNG is used,” said Martin Wold, Principal Consultant in DNV’s Maritime Advisory business. “Building a methanol-fuelled vessel is less expensive, but green methanol will be needed sooner than green LNG and there is currently high uncertainty on future availability and prices,” Wold added.
