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Half of boxship order book geared for alternative fuels
Graph: Bimco
As of end August, 534 containerships on order are designed to run on alternative fuels, according to Bimco. These vessels represent 53% of the order book by number and 77% by teu capacity. By 2030, the fleet could reach 837 alternatively fuelled ships with a combined 10.9m teu, accounting for over a quarter of global capacity.
Alternative fuels are particularly popular for the largest ships: in the 8,000 teu+ segment, 81% of vessels and 85% of capacity on order will be alternatively fuelled. LNG dominates with two-thirds of orders, while methanol accounts for 31%. By contrast, uptake in bulkers and tankers remains limited at below 20%.
Chief shipping analyst Niels Rasmussen noted that fuel availability remains a challenge, with LNG chosen for its wider supply footprint. (ah)