Alternative-Fuelled Vessel Contracting Surges in August
Contracting for alternative-fuel tonnage reached a near two-year peak in August, led by the container and car carrier segments.
Contracting activity for alternative-fuelled vessels reached a near two-year high in August, reflecting ongoing investment in low- and zero-carbon propulsion technologies across global shipyards.
The volume of new shipbuilding contracts was predominantly driven by specific commercial sectors, with liquefied natural gas (LNG) powered tonnage dominating the order intake.
Container ships and car carriers accounted for the vast majority of these newly contracted alternative-fuelled vessels, underscoring the ongoing push by liner and automotive transport operators to renew fleets with LNG-capable designs.
While alternative fuel uptake remains concentrated in these high-value transport segments, the August order totals illustrate sustained owner commitment to dual-fuel technology amid tightening global emissions standards.
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