Lloyd’s Register’s latest Fuel for Thought report highlights LNG’s dominance as the primary alternative marine fuel, citing its cost-effectiveness, emissions compliance, and growth in orders for LNG-capable vessels. The report emphasizes the importance of addressing methane slip and advancing cleaner LNG production methods for long-term sustainability. Industry leaders are embracing LNG for decarbonization strategies.
Titan Clean Fuels and Mitsui O.S.K. Lines (MOL) recently completed a groundbreaking LNG and bio-LNG bunkering operation in Belgium. This operation showcased the potential of bio-LNG to reduce GHG emissions in the shipping industry. MOL’s commitment to LNG-fueled vessels highlights the importance of sustainable fuels in achieving decarbonization goals.
South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) is leading a project to recycle evaporated gas emitted during the construction of liquefied natural gas-powered ships into city gas. The initiative aims to reduce greenhouse gas emissions and is part of a national task established by the South Korean Ministry.
Anglo-Eastern has inaugurated a new LNG/ammonia bunkering station skid at Mumbai Maritime Academy on February 20, 2025, enhancing training for safe fueling of LNG- and ammonia-powered vessels. This advanced facility aims to equip industry professionals with essential skills in handling emerging fuels, promoting maritime safety and sustainability amid rising demand.
Gasum has partnered with DNV to ensure the accuracy of its FuelEU Maritime pooling service. DNV will use its Emissions Connect solution to gather and validate emissions data from Gasum’s vessels. This collaboration aims to verify pool compliance at the end of the year, in line with the new requirements set by the FuelEU Maritime regulation.
In 2024, the maritime industry witnessed a surge in orders for alternative fuel vessels, with 515 such ships ordered compared to the previous year. Container ships accounted for the majority of these orders, showcasing a shift towards sustainable propulsion technologies. LNG remained popular, but methanol and ammonia also gained traction as alternative fuel choices.
In 2025, the shipping industry is facing the challenge of reducing greenhouse gas emissions to comply with regulations set by the International Maritime Organization. The Carbon Intensity Indicator rating is becoming stricter, with the EU ETS likely to see price increases. Ship owners are turning to LNG, biomethane, and e-methane as cost-effective and environmentally friendly alternatives.
The shipping industry is shifting towards LNG as a transitional fuel to meet emission targets, but methane slip poses environmental risks. Investments in alternative fuels like methanol, ammonia, and Bio-LNG are increasing due to uncertainty. Wärtsilä’s NextDF technology addresses methane slip, enhancing the viability of LNG. Bio-LNG offers a sustainable solution.
In November 2024, DNV’s Alternative Fuels Insight (AFI) platform reported 27 new orders for alternative fueled vessels, primarily driven by LNG with 23 vessels ordered. The container segment led with 15 new orders, while the car carrier segment saw six new LNG-fueled vessels added. Four new orders for ammonia-fueled vessels were also recorded.
ClassNK has granted approval in principle for a 30,000 m³ LNG carrier with innovative ballast tank design by GTT. This design eliminates filling limits, enhancing operational flexibility in the LNG industry. The AiP demonstrates the feasibility of the concept, showcasing its potential in improving efficiency and safety in LNG transportation.
The new cruise ship, Mein Schiff Relax, completed its sea trials in Italy, showcasing its dual-fuel LNG propulsion system and impressive maneuverability. With innovative design elements and a focus on relaxation, the ship offers passengers a range of amenities. Mein Schiff Relax will Operate in a joint venture with Royal Caribbean Group.
Russia is planning to implement ship-to-ship transfers of LNG and gas condensate in the Barents and Bering Seas to free up ice-class tankers for Novatek. This initiative aims to address vessel shortages in Arctic waters and increase efficiency. Loadings of Russian LNG in EU ports will be prohibited by March 2025.
The shipping industry is shifting towards LNG as a fuel source, with 2% of the global fleet now powered by LNG, projected to increase to 4% or 6% based on current orders. The growth has been significant, from 21 ships in 2010 to 590 in operation worldwide, with 564 more on order by 2028.
Wärtsilä and Chevron Shipping are teaming up to convert one engine on six LNG carriers to spark gas operation, reducing greenhouse gas emissions. This pioneering initiative aims to minimize methane slip and lower carbon intensity, setting a new standard in the marine industry. The collaboration highlights a commitment to sustainability and innovation.
The UK celebrated a major achievement with the first bunkering of an LNG dual-fuel vessel from a Scottish shipyard. Despite delays, the construction of two new Ro-Ro ferries for CalMac is close to completion. Glen Sannox’s cool-down process began in Glasgow, marking a crucial step towards its delivery, although facing challenges and political scrutiny.
