Another strong month for methanol vessel orders – DNV

Twenty-four methanol-capable vessels were ordered in April, building on the 12 orders placed in March.

CHART: Alternative-fuelled vessel order landscape in April 2025. ENGINE, DNV

The “diverse spread” of vessel segments included container ships (14), RoPax (9) and tanker (1), DNV’s senior consultant Kristian Hammer said in a social media statement.

There are now 59 methanol-capable vessels in operation and another 369 on order for deliveries towards 2030, according to DNV’s database.

April was a “solid month” overall, with 49 alternative-fuelled vessel orders in total. LNG-capable vessels made up the largest chunk of non-methanol orders (20), followed by LPG (3).

There are now a total of 715 LNG-capable vessels in operation and another 629 scheduled for deliveries through 2033. For LPG, the current fleet comprises 128 vessels, with another 84 on order for delivery towards 2028.

“We also had two orders for LNG bunker vessels this month,” Hammer added. There are currently 63 LNG bunker vessels in operation and 27 more on order for delivery by 2028.

There were also two orders for hydrogen-capable vessels powered by internal combustion engines in April.

Ammonia-capable vessel orders stagnate

No ammonia-capable vessel was ordered in April, down from two orders in March.

Three ammonia-capable vessels are currently in operation, and another 37 orders are in the pipeline, with deliveries scheduled through 2029, according to DNV’s database.

By Konica Bhatt

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