LNG vessel orders led in June – DNV

LNG-capable vessels accounted for 11 of 19 alternative fuel-capable vessel orders recorded in DNV’s database.

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

The global LNG-capable fleet currently stands at 752 vessels, with another 617 on order for delivery through 2033.

“The LNG bunkering fleet is trying to keep up too, with one new LNG bunker vessel order placed in June,” DNV senior consultant Kristian Hammer said in a LinkedIn post.

There are currently 62 LNG bunker vessels in operation, and 30 more on order for delivery through 2028.

DNV also recorded four orders for methanol-capable vessels, two for hydrogen fuel cell-capable ships and one for LPG.

There are 66 methanol-capable ships in operation and 369 on order, with deliveries scheduled through 2030.

“This shows us that even in a significantly weaker global newbuild market, the alternative-fuelled space continues to thrive,” Hammer said, adding that “while the number of alternative-fuelled vessels ordered so far in 2025 (151) lags slightly behind the first six months of 2024 (179), the gross tonnage (GT) stats tell a different story.”

Alternative-fuelled vessel orders reached 19.8 million gross tonnes (GT) in the first six months of 2025, up almost 78% from the same period in 2024.

There were no new ammonia-capable vessel orders in June, extending its dry spell into a second month.

Ammonia’s broader bunker fuel landscape remains unchanged, with three ammonia-capable vessels in operation, and 37 more on order for delivery through 2029.

By Konica Bhatt

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