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Orders for methanol-fuelled ships overtook LNG bookings in October

by Kalpana Pandey
December 2, 2022
in News, Liquid Bulk
Reading Time: 1 min read
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Worlds First Methanol Fueled Towboat

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Μonthly orders for methanol-fuelled ships overtook LNG bookings for the first time in October, as noted by DNV.

The methanol-fuelled vessel order book was boosted by Maersk, COSCO Shipping Lines and OOCL with a combined order total of 18 container ships, bringing the total of methanol-fuelled container vessels on order and in operation to 47.

There are also 25 methanol-fuelled oil/chemical tankers on order and in operation. As for scrubber- equipped vessels, the total number of ships with exhaust gas cleaning systems in operation and on order by 2025 is 4,984.

DNV reports there are owners who have moved from the plans of ordering dual fuel LNG-fuelled newbuilding vessels to order regular fuelled vessels with scrubbers recently.

Tags: Methanol fuelMethanol Institute
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