Connect with us
DNV Decarbonization Insight Series August 2026 - What maritime professionals should know about AI Training

Alternative Fuels

DNV: LNG fueled ships led total 2022 orders for ships with alternative bunker fuels

LNG topped the list with 222 ships or 81 % of total orders with 74% of these orders were for container vessels and PCTCs while 9% of the orders were for product tankers.

Admin

Published

on

MT pix 25 july 2022 52

Classification society DNV on Friday (2 September) said the total number of ships with alternative fuels ordered in 2022 was 275 (excluding battery operated vessels), according to the 2022 round up of order figures from its Alternative Fuels Insight (AFI) platform. 

DNV said LNG led the way with 222 ships or 81 % of total orders. Some 74% of these orders were for container vessels and Pure Car and Truck Carriers (PCTCs), while product tankers came in third representing 9 % of orders. 

“Against all odds 2022 turned out to be almost on par with the record year of 2021 for LNG fueled ship orders, which saw 240 LNG fueled ships ordered. Total count of LNG fuelled ships in operation and on order now stands at 876. A total of 104 new LNG-fuelled ships entered operation during 2022, representing a 41 % growth within the sailing fleet,” DNV added.

Screenshot 2023 01 05 at 1.29.55 PM

Methanol was the second most popular alternative fuel choice, with 35 ships ordered, bringing the total count to 82 ships. Thirty of these were large container vessels. Perhaps surprisingly a total of 18 ships capable of running on hydrogen fuel were ordered, ranging from small crew transfer vessels for the offshore wind industry which are built to operate fully on hydrogen, to large cruise vessels installing hydrogen powered fuel cells that cover a smaller portion of the energy demand onboard.

“A diverse portfolio of LNG-fuelled ships was delivered in 2022, with large crude oil tankers in the lead and container ships in second place,” said Martin Wold, Principal Consultant in DNV’s Maritime Advisory business. 

“Far from all are currently operating fully on LNG fuel but there are geographical pockets where LNG is still competitively priced and being bunkered regularly. The underlying growth for LNG fuel is nevertheless very strong and the market will likely return with a boom at some point, with bunkered volumes expected to triple within a very short time span.”  

Screenshot 2023 01 05 at 1.29.30 PM 1

Wold added: “Looking ahead we expect 2023 to turn out similarly to 2022 in terms of newbuild orders for alternative fuels. The orders will likely materialize across somewhat different ship types and sizes compared to last year, moving with the newbuild market in general.”

Similar to last year, the far majority of ships ordered with alternative fuels in 2023 is expected to be LNG dual fuel. The elevated price levels for natural gas will continue to delay the widespread adoption LNG as fuel in the marine industry, however from a big picture perspective delivery times for newbuilds aligns well with when global gas and LNG prices are expected to cool down.

According to Wold’s analysis, orders for methanol dual fuel is also likely to continue, and possibly grow somewhat in terms of number of ships. 

Compared to LNG, methanol fuel systems are less costly and easier both for the yard to fit – in particular on smaller vessels – and for the owners to operate. 2022 was the year in which methanol really established itself as an alternative to LNG and engine makers report about record high interest for methanol capable engines. He concluded: “Concerns around sourcing and the scalability of green methanol in the short to medium term will remain the main slowing factor here.”

Whereas the main competition will be between conventional fuels, LNG and methanol in 2023, we expect to see a further positive trend for the ordering of hydrogen fueled ships. We also expect to add the first officially confirmed ammonia fueled ship to our AFI database this year.”

Related: DNV: Container vessels and car carriers constitute two thirds of new LNG-fuelled vessel orders
Related: DNV: LNG order figures for August provides clear snapshot of alternative fuels trend
Related: DNV’s LNG order figures for July show steady increase with big deals in the pipeline
Related: DNV’s LNG order figures for June show a slowing down with bottleneck pressure building
Related: DNV: 30 more LNG-fuelled ship orders confirmed in May

Photo credit: DNV
Published: 5 January, 2022

Continue Reading

LNG Bunkering

Shell expands LNG bunkering footprint in Spain with Valencia

As one of the region’s key maritime hubs, the company said Valencia expands the options available to shipowners seeking LNG supply along major shipping routes.

Admin

Published

on

By

Shell expands LNG bunkering footprint in Spain with Valencia

British oil giant Shell on Thursday (13 August) said Valencia has joined its growing network of bunkering locations, making LNG available as a marine fuel.

The successful completion of the first LNG bunkering operation in Valencia marked an important milestone for Spain and further strengthened Shell’s LNG supply capabilities across the Mediterranean. 

In a video shared by the company, bunkering vessel Alice Consulich was shown supplying an undisclosed volume of LNG to the container ship MSC Sabrina.

“As one of the region’s key maritime hubs, Valencia expands the options available to shipowners seeking LNG supply along major shipping routes,” Shell said in a social media post. 

Shell said the achievement reflected the strong collaboration across the maritime value chain, including MSC Mediterranean Shipping Company, the Port of Valencia and Fratelli Cosulich Group.

“We look forward to making more LNG bunker deliveries in Valencia and across the Mediterranean as LNG infrastructure and capabilities continue to expand,” the company said. 

 

Photo credit: Shell
Published: 14 August, 2026

Continue Reading

LNG Bunkering

Énestas and Power LNG join forces on Galveston bunkering

Énestas will provide capital, LNG transport and storage equipment, and downstream expertise to support Power LNG’s planned liquefaction and marine bunkering facility on Pelican Island.

Admin

Published

on

By

Stabilis Solutions enter 10-year LNG bunkering supply deal for Port of Galveston

Power LNG (Power LNG) and Mexico’s LNG infrastructure and downstream natural gas company Énestas on Wednesday (12 August) announced the execution of definitive agreements establishing a strategic partnership to accelerate the development of LNG infrastructure at the Port of Galveston.

Under the agreement, Énestas will provide capital, LNG transportation and storage equipment, and downstream operating expertise to support the development of the Harborside Terminal and Project Seawolf, Power LNG’s planned LNG liquefaction and marine bunkering facility on Pelican Island.

The partnership creates an immediate pathway to begin LNG distribution by truck while Project Seawolf is under development, supporting marine fueling, virtual pipeline customers, industrial users, and LNG exports throughout the Gulf Coast, Latin America, and the Caribbean.

“Our vision has always been to establish Galveston as the premier LNG hub for the Gulf Coast,” said Austin Terry, Founder and CEO of Power LNG. 

“Énestas brings years of operational experience, proven LNG infrastructure, and a talented team that understands how to deliver LNG safely and efficiently. Together, we can immediately begin serving customers while laying the foundation for one of the most strategic LNG bunkering facilities in North America.”

Project Seawolf will provide LNG for marine bunkering, truck loading, virtual pipeline distribution, and international exports. The facility is strategically located at the Port of Galveston, serving one of the fastest-growing cruise, cargo, and energy corridors in the United States.

For Énestas, the transaction represented an important milestone in the company’s international growth strategy.

“This partnership represents a natural evolution for Énestas as we expand our downstream LNG business into the United States,” said Caio Zapata, Chief Executive Officer of Énestas. 

“For more than a decade, Énestas has developed and operated LNG infrastructure throughout Mexico, helping customers transition to cleaner, more reliable energy. Partnering with Power LNG allows us to leverage that experience in one of the most attractive LNG markets in North America. We see tremendous opportunities in marine bunkering, virtual pipeline logistics, industrial LNG supply, and exports to Latin America and the Caribbean, and we are excited to build that future together.”

The companies expect the partnership to support near-term LNG truck loading operations while advancing the long-term development of Project Seawolf, which is designed to become a regional hub for LNG production, marine fueling, and distribution.

The collaboration also establishes a platform to pursue additional downstream LNG opportunities throughout the Gulf Coast, utilising Énestas’ operational expertise together with Power LNG’s project development capabilities.

 

Photo credit: Port of Galveston
Published: 14 August, 2026

Continue Reading

LNG Bunkering

Stabilis delivers more than 150,000 cbm of LNG bunker fuel at Galveston

Company says the advancement of its proposed Stabilis Galveston LNG Facility is a natural progression of its established LNG bunkering footprint in Galveston.

Admin

Published

on

By

Stabilis delivers more than 150,000 cbm of LNG bunker fuel at Galveston

Clean energy production solutions provider Stabilis Solutions (Stabilis) on Thursday (13 August) said it has completed 97 LNG bunkering operations and delivered more than 150,000 m³ of LNG to customers in the Port of Galveston.

“As the only physical supplier of LNG on the Gulf Coast to reach this milestone, we’ve earned a reputation as a trusted, proven operator — both with local Galveston stakeholders and with the world’s largest cruise operator,” the company said in a social media post.

“That trust is reflected in the 10-year LNG offtake agreement we executed in December 2025.”

The company said the advancement of its proposed Stabilis Galveston LNG Facility is a natural progression of its established LNG bunkering footprint in Galveston. 

“As a Houston-based company, we believe in the Texas economy and the future growth of the Port of Galveston,” it added.

“That belief is why we’ve invested heavily over the past four years in the planning, permitting, and engineering design work to develop the most advanced, derisked, shovel-ready small-scale LNG liquefaction project on the Gulf Coast.”

Manifold Times previously reported Stabilis stating that the proposed Stabilis Galveston LNG Facility is anticipated to be in production by the third quarter of 2028.

It will come complete with the delivery of the first new-build, dedicated Jones Act-compliant LNG bunker barge in the Galveston/Houston area.

This comes following Stabilis receiving a Letter of Recommendation from the US Coast Guard following their formal review of the proposed Stabilis Galveston LNG Facility and associated waterfront LNG loading, marine transportation, and LNG bunkering operations in the Port of Galveston.

Related: Stabilis Solutions targets Q3 2028 launch for Galveston LNG bunkering facility
Related: Stabilis Solutions terminates 10-year LNG supply deal, expects delay in Galveston project

 

Photo credit: Stabilis Solutions
Published: 14 August, 2026

Continue Reading

Trending