Alternative-Fuelled Vessel Orders Drop Sharply in November 2025

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  • Container Sector Leads With Six LNG Newbuilds.
  • YTD Orders Fall 53% Signalling Market Slowdown.
  • LNG Holds 67% Share, Methanol Follows at 20%.

According to the latest update from DNV’s Alternative Fuels Insight, November 2025 saw the addition of 10 new orders for vessels powered by alternative fuels. Kristian Hammer, the Product Manager for AFI at DNV, shared on LinkedIn that all ten of these vessels are fueled by LNG, reports Safety4Sea.

Container and Tanker Segments Drive Activity

Leading the charge in November were the container segment, which accounted for six of the LNG-fueled vessels, while the tanker segment contributed four. This trend highlights the container segment’s ongoing dominance in alternative-fuel investments.

Year-to-Date Orders Indicate Significant Slowdown

In total, 232 alternative-fueled vessels were ordered in the first eleven months of 2025. This represents a significant 53% drop compared to the same timeframe in 2024, indicating a noticeable slowdown in the newbuild market. The container segment continues to shine, making up 66% of all orders this year.

LNG Remains the Preferred Fuel

LNG is still the top choice, representing 67% of all alternative-fueled vessel orders in 2025. Following behind are methanol-fueled vessels, which hold a 20% share, showing steady but slower growth in adoption.

Comparison With the Previous Year

For some perspective, November 2024 saw 27 alternative-fueled vessel orders, which is more than double what we’ve seen this year.

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Source: Safety4Sea