Figures for new orders for alternative-fuelled vessels in the first ten months of 2025 showed a 52% decline compared to the same period last year, classification society DNV said.
Giving its monthly update, DNV said 222 orders for alternative-fuelled vessels were placed in the first 10 months of 2025, with two-thirds (67%) for LNG-fuelled ships, and a similar number (65%) from the container segment.
For October, a total of 30 new orders were registered, of which 26 were LNG-fuelled vessels, according to DNV’s Alternative Fuels Insight (AFI) platform.
The remaining four orders were placed for methanol-fuelled vessels.
DNV global decarbonization director Jason Stefanatos said: “A total of 30 new orders for were added to the database in October. This was once again led by LNG-fuelled vessels, which accounted for 26 orders, all in the container segment. The remaining four vessels were methanol-fuelled vessels, three of which are in the tankers segment.
“So far in 2025, 222 orders for alternative-fuelled vessels have been placed, with two-thirds (67%) for LNG-fuelled ships, and a similar number (65%) from the container segment. While this marks a significant decline on the same period in 2024 (52%), this is mainly due to a weakening in the wider newbuild market.”
Stefanatos added: “With four LNG bunker vessels and two bunker vessels capable of supplying methanol also added to the orderbook in October, it is encouraging to see that despite persistent regulatory uncertainty, the transition to cleaner fuels continues to be firmly on the agenda.”
