Methanol and LNG prove fuels of choice for April’s newbuildings

The data revealed that 49 alternative-fuelled vessels were ordered last month, while a total of 120 new orders have been place in the first four months of the year. This equates to a 5% increase compared to 2024, even as the overall newbuild market declines.

Jason Stefanatos, Global Decarbonization Director at DNV, notes: “Seeing methanol and LNG ordered at similar levels highlights how owners are prioritizing flexibility, fuel availability and specific operational needs.”

Read more in TradeWinds: https://dnv.social/6lY

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