LNG

May 3 (LNGJ) - European classification society DNV said there were 51 orders for LNG-powered vessels placed in the month of April. DNV said there were currently 775 confirmed LNG-fuelled ships and 221 additional LNG-ready vessels. So far this year, orders total 121 ships. The data shows that the growth was mainly driven by orders for large ships for deep-sea trade.

   Commenting on the figures, Martin Wold, of DNV’s Maritime Advisory business, said: “Last month’s orders alone for LNG-fuelled ships added about half a million tonnes of LNG demand. Should this trend continue at the same pace, we could reach the 1,000 vessels mark by the end of this year. However, although we expect growth to continue, it is likely to be more modest for the rest of the year.”