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Newbuilding

Slow start to 2026: Alternative-fuelled vessel orders down 40% YoY in Q1, says DNV

A total of 45 vessels with alternative-fuel capability were ordered in the first quarter of 2026, representing a year-on-year decline of 40%, says Jason Stefanatos, Global Decarbonization Director.

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Slow start to 2026: Alternative-fuelled vessel orders down 40% in Q1, says DNV

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform showed a total of five new orders for alternative-fuelled vessels were placed in March 2026.

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said it was a slow month with the new orders for two LNG-fuelled car carriers, two LPG gas carriers, and one methanol-fuelled PSV.

“Taking a wider view, a total of 45 vessels with alternative-fuel capability were ordered in the first quarter of 2026, representing a year-on-year decline of ~40%,” he said in a social media post.

“Ordering activity was dominated by LNG-fuelled container vessels (32), continuing a trend that became well established in 2025.”

Slow start to 2026: Alternative-fuelled vessel orders down 40% in Q1, says DNV

At the other end of the pipeline, Stefanatos said DNV has also seen the delivery of 60 vessels with alternative-fuel capability in the first quarter of 2026, including 27 LNG-fuelled and 17 methanol-fuelled vessels. 

“This reflects the strong ordering activity seen three to four years ago, with this expected to continue throughout the year as more projects reach completion,” he added.

 

Photo credit: DNV
Published: 7 April, 2026

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Methanol

Tsuneishi’s Zhoushan unit delivers fourth methanol dual-fuel 5,900-TEU container ship

Vessel is equipped with a dual-fuel propulsion system capable of operating on methanol as well as conventional fuel oil.

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Tsuneishi’s Zhoushan unit delivers fourth methanol dual-fuel 5,900-TEU container ship

Tsuneishi Group (Zhoushan) Shipbuilding (TZS) on Tuesday (25 August) said it delivered its fourth methanol dual-fuel 5,900 TEU container ship.

The vessel is equipped with a dual-fuel propulsion system capable of operating on methanol as well as conventional fuel oil. 

The company said methanol is attracting growing attention as a next-generation marine fuel due to its potential to reduce CO₂ emissions and support the maritime industry’s transition towards decarbonisation.

“TZS has been actively advancing the construction of environmentally friendly vessels, and this latest delivery represents the company’s continued efforts to strengthen its capabilities in the field of alternative-fuelled shipbuilding,” the company said in a statement. 

Building on the successful delivery of its third methanol dual-fuel 5,900-TEU container ship, TZS said it is further enhancing its technical expertise and production experience in response to increasing demand for next-generation fuel vessels.

As international environmental regulations continue to tighten, demand for alternative-fuelled vessels is expected to expand further. 

“TZS will continue to develop and construct vessels that combine environmental performance, safety and operational reliability, contributing to the realisation of sustainable maritime transport,” the company added. 

 

Photo credit: Tsuneishi
Published: 27 August, 2026

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Newbuilding

Höegh Autoliners orders six additional LNG dual-fuel PCTCs

Aurora vessels will have DNV’s ammonia and methanol ready notation, with the main engine provided by Everllence and the bridge system supplied by Kongsberg Maritime.

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Höegh Autoliners orders six additional LNG dual-fuel PCTCs

Höegh Autoliners on Wednesday (26 August) announced that it has decided to order six additional new dual-fuel LNG and zero-carbon-ready Aurora class pure car and truck carriers (PCTCs) for delivery in 2029 to 2031.

This decision will extend Höegh Autoliners’ Aurora class newbuilding programme to a total of eighteen vessels, all of which will be built by China Merchants Heavy Industry (Jiangsu) Co Ltd (CMHI).

Höegh Autoliners has further secured an option to build four additional vessels on the same terms, as well as slot reservations for another four vessels at the same yard.

The option vessels may be exercised within six months, while the four slot reservations are held for the Company, with notice to be given on or before 31 December 2027. This decision allows Höegh Autoliners to accelerate its green fleet renewal programme, with flexibility to extend the programme up to a total of twenty-six Aurora vessels, including the twelve vessels already delivered or on order.

The Aurora vessels will have DNV’s ammonia and methanol ready notation, with the main engine provided by Everllence and the bridge system supplied by Kongsberg Maritime. With the capacity to carry up to 9,100 cars, the Aurora class is reducing carbon emissions by up to 58% compared to conventional PCTCs.

Andreas Enger, CEO of Höegh Autoliners, said: “The Aurora class newbuilds have demonstrated very strong earnings potential, carbon performance, cargo flexibility and future-proof conversion capability. 

“Through our newbuild programme, we secure capacity costs at a competitive level, supporting profitable operations even during potential periods of lower freight rates. 

“Further expanding our fleet strengthens our ability to capture growth in the Asian market and meet evolving customer demand, while giving us greater strategic flexibility, supporting long-term fleet renewal and positioning us to capture commercial opportunities in the years ahead.”

Related: Höegh Autoliners secures funding for ammonia-fuelled PCTC project

 

Photo credit: Höegh Autoliners
Published: 27 August, 2026

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LNG Bunkering

CIMC SOE starts construction of two LNG bunkering vessels for GSX Energy

The two 20,000-cubic-metre vessels are the third and fourth in a series of four 20,000-cbm LNG bunkering vessels that CIMC Pacific Offshore is constructing for GSX Energy.

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CIMC SOE starts construction of two LNG bunkering vessels for GSX Energy

Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) on Friday (21 August) held a groundbreaking ceremony for two 20,000-cubic-metre LNG bunkering vessels being built for GSX Energy.

The two vessels are the third and fourth in a series of four 20,000-cbm LNG bunkering vessels that CIMC Pacific Offshore is constructing for GSX Energy.

Construction of the first vessel began in May, while the second vessel commenced construction on 10 August.

The vessels are 159 metres long, with a beam of 25 metres and a design speed of 13 knots. Each will be equipped with a Wärtsilä dual-fuel main engine and a 1,300 kW shaft generator to meet power requirements during normal operations. A high-voltage shore power system can also be installed at a later stage.

“The simultaneous commencement of construction on both vessels marks a new phase of accelerated construction for this series of projects, fully demonstrating CIMC SOE’s construction capabilities and project management expertise,” CIMC SOE said.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 26 August, 2026

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