DNV provides latest alternative fuel vessel order figures for August 2026

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marks a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonisation Director at DNV Maritime, commented: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we've seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and in-creasing demand from cargo owners to reduce emissions across supply chains. For many owners, LNG offers a combination of emissions reductions, fuel availability, and future flexibility while the longer-term fuel landscape continues to evolve.

“At the same time, the latest figures include orders for ethanol and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonisation pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

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