News / Rising LNG costs haven’t deterred carriers from ordering newbuilds

Credit CMA CGM.

Investment in new LNG-fuelled ships has continued at pace, with class society DNV last month recording a further 40 gas-powered vessels on its AFI database, to bring the total to just shy of 700.

DNV’s principal consultant, Martin Christian Wold, said the “strong start” to the year for LNG-powered vessels had been driven by containership orders by MSC.

According to the DNV database there are 261 LNG-fuelled ships in operation with 433 on order.

The carrier is also a big advocate of scrubber ...