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.

Published

3 months ago

April 7, 2026

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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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Ammonia

Grimaldi Group unveils ammonia-ready PCTC in Türkiye

Named after Türkiye’s largest city and economic capital, the “Grande Istanbul” is one of the 17 latest-generation, ammonia-ready PCTCs commissioned by the Grimaldi Group.

Published

4 days ago

July 7, 2026

Admin

Grimaldi Group unveils ammonia-ready PCTC in Türkiye

Grimaldi Group recently presented the Grande Istanbul, one of its latest-generation, ammonia-ready Pure Car & Truck Carriers (PCTCs), during a ceremony held at Autoport in Kocaeli, Türkiye.

Named after Türkiye’s largest city and economic capital, the Grande Istanbul is one of the 17 latest-generation, ammonia-ready PCTCs commissioned by the Grimaldi Group.

The vessel offers a capacity of up to 9,241 CEUs while reducing CO₂ emissions per unit of cargo by up to 50% compared with previous-generation car carriers.

“The ceremony reaffirmed the Group’s long-term commitment to Türkiye, where it has been operating for almost five decades,” the company said in a social media post.

“Today, around 20 state-of-the-art ro-ro vessels and PCTCs connect Turkish ports with a global network of more than 150 ports in over 60 countries, supporting the country’s automotive industry and international trade.”

The Grande Istanbul is currently deployed on the Grimaldi Group’s EuroMed Service, linking several ports in Northern Europe and the Mediterranean, including Autoport, Borusan, Derince, Gemlik, Haydarpaşa and İzmir in Türkiye.

Photo credit: Grimaldi Group
Published: 7 July, 2026

Alternative Fuels

Singapore-based ONE celebrates maiden voyage of methanol-and-ammonia ready boxship

Following the successful deployment of “ONE Singapore” and its sister vessels, “ONE Solidarity” will be deployed on the Mediterranean Pacific South 2 (MS2) service.

Published

1 week ago

July 3, 2026

Admin

Singapore-based ONE celebrates maiden voyage of methanol-and-ammonia ready boxship

Singapore-based container shipping company Ocean Network Express (ONE) on Thursday (3 July) said it celebrated the maiden voyage of containership ONE Solidarity as the ship made its first-ever arrival in Shekou, China.

“As one of our S-series methanol and ammonia ready container vessels, ONE Solidarity is another demonstration of ONE’s commitment to sustainable shipping,” the company said in a social media post.

Following the successful deployment of ONE Singapore and its sister vessels, ONE Solidarity will be deployed on the Mediterranean Pacific South 2 (MS2) service.

“Her deployment will boost our service capacity, ensuring faster, more reliable, and highly efficient shipping offerings across key global trade lanes,” the company added.

Photo credit: Ocean Network Express
Published: 3 July, 2026

Alternative Fuels

“Lucia Cosulich” enters final preparation ahead of bunkering operations

Following delivery of the ship in China, it will now enter the final preparation phase ahead of its next operational steps, strengthening Fratelli Cosulich’s ability to provide reliable bunkering solutions.

Published

1 week ago

July 3, 2026

Admin

“Lucia Cosulich” enters final preparation ahead of bunkering operations

Fratelli Cosulich Marine Energy on Thursday (2 July) celebrated the delivery of Lucia Cosulich at Taizhou Maple Leaf Shipyard in China.

The vessel is the second of four sister methanol-ready IMO II bunker tankers developed within the Group’s fleet expansion programme and follows the launching ceremony held on 2 May 2026.

Designed to support the Group’s bunkering operations and future fuel requirements, Lucia Cosulich is part of the new generation of vessels developed by Fratelli Cosulich Marine Energy to combine operational reliability, safety and fuel flexibility.

Lucia Cosulich will now enter the final preparation phase ahead of its next operational steps, further strengthening the Group’s ability to provide reliable bunkering solutions.

“We wish Lucia Cosulich and her crew fair winds on the next stage of her journey,” the company said.

Photo credit: Fratelli Cosulich
Published: 3 July, 2026