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DNV: 23 methanol-fueled ships registered in January orderbook

Around 70% of the methanol-fueled ships were in container segment with the remainder mainly made up of vessels in bulk and RoRo segments while 10 more LNG fueled ships were added, says DNV.

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DNV: 23 methanol-fueled ships registered in January orderbook

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

This was led by methanol fueled ships, where 23 new orders were registered. Around 70% of these were in the container segment with the remainder mainly made up of vessels in the bulk and RoRo segments.

LNG continues to feature strongly, with 10 more LNG fueled ships added to the database. Car carriers and tankers made up the bulk of these orders, followed by RoPax. Twenty-four LNG ships were delivered in January, representing a record number for the segment, which has grown rapidly in recent years. There are now 493 LNG fueled ships in operation globally, representing growth of over 100% compared to 2021.

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Martin Wold, Principal Consultant in DNV’s Maritime Advisory business, said: “Strong new order activity continues to demonstrate a promising trajectory in the uptake of alternative fuel vessels. As the data shows, the orderbook for methanol fueled ships continues to grow rapidly. There are now 228 confirmed methanol-fueled ships on order, which will significantly expand the current global fleet of 29 over the coming years. 

“Meanwhile, the LNG fleet has expanded to the point where we now observe a doubling of the number of LNG-fueled ships in operation between 2021 and 2024, bolstered by a record number of deliveries in January. Interest in ammonia is also on the rise, with two orders confirmed in January,  and we expect this to continue to grow in the months and years ahead.”

 

Photo credit: DNV
Published: 5 February, 2024

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Newbuilding

NYK Group’s first methanol-fuelled bulk carrier “Green Future” delivered

Vessel is the first bulk carrier in the NYK Group to be equipped with a dual-fuel engine that uses methanol and fuel oil.

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Green Future MT

NYK Group on 13 May received delivery of Green Future, the company’s first methanol dual-fuel bulk carrier, at the TSUNEISHI Factory of TSUNEISHI SHIPBUILDING Co., Ltd. where a naming and delivery ceremony was also held, it said on Thursday (14 June).

The vessel will be chartered by NYK Bulk & Projects Carriers Ltd., an NYK Group company, from KAMBARA KISEN Co., Ltd.

It is the first bulk carrier in the NYK Group to be equipped with a dual-fuel engine that uses methanol and fuel oil.

“Methanol has a lower environmental impact than fuel oil, and by using bio-methanol and e-methanol produced using hydrogen derived from renewable energy sources and recovered carbon dioxide, the vessel achieves significant reductions in greenhouse gas emissions,” it said.

Vessel Particulars
LOA: 199.99 m
Breadth: 32.25 m
Depth: 19.15 m
Deadweight: approx. 65,700 metric tons
Capacity: approx. 81,500 m3
Draft: 13.8 m

Related: Tsuneishi delivers world’s first methanol dual-fuel Ultramax bulker to NYK
Related: Japan: NYK to time-charter its first methanol-fuelled bulk carrier

 

Photo credit: NYK Group
Published: 17 June 2025

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Research

Mærsk Mc-Kinney Møller Center shares concept design of 3,500 TEU ammonia-fuelled containership

Concept design was optimised to achieve the required safety level while also limiting reductions in cargo capacity.

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Maersk concept ammonia vessel

Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping on Thursday (12 June) unveiled a report focusing on the concept design of a 3,500 Twenty-foot Equivalent Unit (TEU) ammonia-fuelled container vessel.

The study presents a detailed concept design of a 3,500 TEU container feeder, developed with a focus on ammonia system design principles.

The concept design was optimised to achieve the required safety level while also limiting reductions in cargo capacity. As a result, this design concept marks an advancement in technically qualifying ammonia as a viable maritime fuel.

“Although the concept design is an important first step in qualifying a fuel pathway, the final design and operational details must ultimately deliver a safe vessel,” it stated.

“We addressed this aspect early in our design process with reference to the technical safety barriers listed above. We confirmed the concept design’s ability to achieve an acceptable safety level through a HAZID, hazard and operability study (HAZOP), and QRA.

“These processes have resulted in two Approvals in Principle of the concept design awarded by ABS and Lloyd’s Register (LR).”

Note: The full report concept design of a 3,500 TEU ammonia-fuelled container vessel may be downloaded here.

 

Photo credit: Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
Published: 17 June 2025

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Battery

Viking Line announces world’s largest electric passenger-car ferry concept

“Helios” will feature a battery capacity of approximately 85-100 MWh and could transport 2,000 passengers across the Gulf of Finland in just over two hours.

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Viking Line announces world’s largest electric passenger-car ferry concept

Shipping company Viking Line on Friday (6 June) unveiled a new vessel concept, which upon realisation, would be the world’s largest electric passenger-car ferry.

The company said it is preparing to launch entirely emission-free service between Helsinki and Tallinn and that its vessel concept is proof that a green maritime corridor across the Gulf of Finland could be realised as early as the beginning of the 2030s.

The vessel concept, named Helios, developed by Viking Line will feature a battery capacity of approximately 85-100 megawatt hours (MWh) and could transport 2,000 passengers across the Gulf of Finland in just over two hours. 

The length of the concept vessel is 195 metres, the width 30 metres and the speed approximately 23 knots. The freight capacity on board is approximately 2 kilometres. Compared to the silhouette of traditional vessels, Helios mainly stands out due its lack of a funnel.

Helios is based on a research collaboration between Viking Line and Rauma shipyard as well as other partners. The concept is specifically designed for the Helsinki–Tallinn route, as the 80 kilometre, or 43 nautical mile, route is ideally suited for electric vessel traffic. The electric vessel is always charged when the ship is in port. The vessel requires a charging capacity of over 30 megawatt hours.

Viking Line’s CEO Jan Hanses, said: “Helios heralds a new era in maritime transport, just like the first sail, steam, and motor ships did in their time. The concept proves that large-scale emission-free maritime transport is no longer a utopia. 

“The world’s largest fully electric passenger-car ferries could be in operation as early as the beginning of the next decade. We are strongly committed to realizing the ambitious vision that Helios represents.”

The newly announced electric passenger-car ferry concept serves as a basis for continued planning and for the invitation to tender to shipyards. This spring, Viking Line submitted a funding application to the EU’s Innovation Fund for the construction of a ferry.

 

Photo credit: Viking Line
Published: 10 June, 2025

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