DNV: 10 methanol-fueled vessels ordered in February

Latest figures from DNV’s Alternative Fuels Insight (AFI) platform in February saw another strong month for alternative fuel orders.

This was led by new orders of 10 methanol-fueled vessels, bringing the total number of methanol-fuelled vessels, in operation or on order, to 267. 

Some 167 of these were in the container segment with the remainder mainly made up of vessels in the bulk and oil/chemical tankers segments. 

For LNG, 17 vessels were ordered in February, increasing the number of vessels in operation or on order to 1,033 in February from 1,016 in January. 

Martin Wold, Principal Consultant in DNV’s Maritime Advisory business, said: “With 40 LNG-fueled ships delivered already this year, we have now passed the 500 ships in operation mark.”

He also welcomed the order of the world’s first ammonia-powered container vessel, Yara Eyde, last month. 

“Great to see the order for the ammonia-fueled container vessel Yara Eyde firmed up as well. Yet again, Yara International is paving the way for new technology in maritime,” Wold added in a social media post.

Manifold Times previously reported cleantech maritime group CMB.TECH announcing the order of the world’s first ammonia-powered container vessel in partnership with Yara Clean Ammonia, North Sea Container Line and Yara International through a 15-year deal.

The vessel, to be named Yara Eyde, is a 1,400 TEU ice-class container ship to be built at Qingdao Yangfan Shipbuilding (Qingdao, China). 

Expected to be delivered by mid-2026, the Yara Eyde will run on clean ammonia, serving routes between Norway and Germany.

Related: CMB.TECH orders world’s first ammonia-powered container ship from Chinese shipyard

Photo credit: DNV
Published: 13 March 2024