- LNG-Fuelled Container Ships Dominate October Orders.
- 222 Alternative-Fuelled Vessel Orders Placed in 2025 So Far.
- DNV attributes a 52% Decline to the Overall Newbuild Market Weakness.
Data from DNV’s Alternative Fuels Insight (AFI) platform shows that the interest in vessels powered by alternative fuels is still going strong, even as the overall shipbuilding industry faces a slowdown. In October alone, there were 30 new vessel orders, with LNG-fuelled ships leading the way. Out of these, 26 were LNG-powered container vessels, and the other four were methanol-fuelled, three of which were tankers, reports Safety4Sea.
Year-to-Date Orders Reflect Market Trends
As of now in 2025, there have been 222 orders for alternative-fuelled vessels. LNG-fuelled ships make up about 67% of these orders, with container ships representing roughly 65%. While this is a 52% decrease compared to the same time last year, DNV points out that this drop is more about a slowdown in the overall newbuild market rather than a waning interest in alternative fuels.
Investment in Fuel Infrastructure Continues
The October orderbook also featured four LNG bunker vessels and two methanol-capable bunker vessels, highlighting ongoing investments in fuel infrastructure to help the industry meet its decarbonization goals.
Momentum Toward Cleaner Shipping Persists
“It is encouraging to see that despite persistent regulatory uncertainty, the transition to cleaner fuels continues to be firmly on the agenda. These new orders demonstrate sustained momentum in the maritime sector’s shift toward lower-emission shipping solutions,” said Jason Stefanatos, Global Decarbonization Director at DNV.
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Source: Safety4Sea
