Investments in ships capable of running on alternative fuels continue to grow, even amid a general slowdown in the global shipbuilding market. The number of dual-fuel vessels in operation has exceeded 400 units.
π Nearly double the number in a year. For comparison, at the end of 2024, there were approximately 218 such vessels in operation. Thus, the fleet has almost doubled in less than a year.
π More than 700 vessels are under construction. Another 726 dual-fuel vessels are on order, bringing the total number of vessels built and ordered to 1,126. Total investment in this segment exceeds $150 billion.
π Container ships are the main driver of this transition. The container segment is experiencing the greatest activity:
β Approximately 58% of gross tonnage orders are for LNG-fueled vessels;
β 74% of new orders for container ships and ro-ro vessels are designed for dual-fuel operation.
This allows shipowners to maintain fuel flexibility and adapt to future environmental requirements.
π Growth amid a general decline. The total number of new ship orders worldwide has almost halved, from approximately 4,400 to 2,400 units. However, the share of alternative-fueled vessels remains high, accounting for approximately 38% of total gross tonnage orders.
π This trend is confirmed in early 2026. In January alone, 20 new orders for alternative-fueled vessels, primarily LNG-fueled container ships, were recorded.
βοΈ Despite the decline in shipbuilding, the energy transition in the maritime industry continues. Dual-fuel vessels are becoming a strategic choice for shipowners preparing for stricter environmental regulations and long-term changes in global fuel policy.
π Submit a news item
Seamen’s Club πΊπ¦ | #news