Surge in LNG-Powered Vessels Indicates Maritime Industry’s Shift to Sustainable Shipping in 2024
In 2024, the maritime industry saw a surge in LNG-powered vessels, with 515 ordered, a 38% increase from the previous year. The industry’s commitment to decarbonization is evident, with the number of LNG-fueled ships doubling between 2021 and 2024. Shipowners also showed interest in methanol as an alternative fuel, reflecting a broader shift towards sustainability.