In March 2025, DNV’s Alternative Fuels Insight platform reported 25 new orders for alternative-fueled vessels. Methanol was the top choice with 12 orders, followed by LNG and ammonia. Despite a 13% decrease in orders compared to 2024, optimism remains high for the future of alternative fuels in the maritime industry.
MAN Energy Solutions has seen a surge in orders for their MAN B&W G95ME-LGIM Mk 10.5 methanol engines for VLCVs. With 95 orders since 2021, these engines are gaining popularity in the marine industry’s push for lower emissions. Methanol, methane, and ammonia are crucial fuels for reducing carbon footprints, with methanol showing significant promise.
Analysts have observed a sharp rise in containership construction due to demand and fleet modernization. Alphaliner predicts continued growth, with record orders for containerships. Top carriers are investing in new vessels to meet capacity needs and environmental regulations. Fleet renewal and efficiency improvements are driving the surge in orders.
The container shipping segment is undergoing rapid changes, with MSC Mediterranean Shipping Company leading the way. Surpassing competitors, MSC has achieved a 20% market share and is on track to reach over 7 million TEU by 2025. Strategic acquisitions and capacity additions have propelled MSC to the forefront of the industry, with analysts predicting further growth and shifts ahead.
