Ordering of alternative-fuelled vessels is continuing to grow in 2025, despite a slowdown in the overall newbuild market. According to data from DNV’s Alternative Fuels Insight (AFI) platform, new orders for alternative-fuelled vessels reached 19.8 million gross tonnes (GT) in the first six months of 2025, exceeding the 2024 figure by 78%. This marks a significant shift in capital allocation, as shipowners increasingly prioritize future-ready assets in response to regulatory pressure, fuel availability, and long-term decarbonization goals.
Topic: SHIPBUILDING & SHIPREPAIR
Global Maritime Organizations Unite to Accelerate Electrification
Four leading maritime associations have jointly launched the Global Alliance for Maritime Electrification (GAME), a coalition of nonprofit organizations dedicated to accelerating the electrification of maritime transportation.
Energy efficiency: the unsung hero of decarbonisation?
The decarbonisation spotlight on shipping is often on shone on alternative fuels, but the role of energy efficiency should not be overlooked, according to a shipping expert.
Shipping industry looks for consensus on sustainable fuels ahead of net-zero goals
Global shippers convened in Montreal on Thursday to sort out which sustainable fuels their vessels should use — a key question given that boats built today will still be running in 2050.
Shipping industry looks for consensus on sustainable fuels ahead of net-zero goals
Global shippers convened in Montreal on Thursday to sort out which sustainable fuels their vessels should use — a key question given that boats built today will still be running in 2050.
Viet Nam’s shipbuilding industry embraces green energy transition
Amidst escalating climate challenges and a global push for sustainability, Viet Nam’s shipbuilding industry is accelerating its shift toward a green transition. This evolution is not only an inevitable trend but also a strategic opportunity to enhance capacity, meet environmental standards, and contribute to Viet Nam’s commitment to achieving net zero emissions by 2050.
Sails and satellite navigation could cut shipping industry’s emissions by up to a third
The international shipping sector, made up of thousands of massive cargo ships laden with many of the goods we buy, emits carbon dioxide (CO₂) roughly equivalent to the entire country of Germany.
LNG shipping capacity growth risks climate and financial failure, warns report
Massive over-ordering of LNG carriers is endangering climate goals while the excess of capacity could lead to stranded assets for operators as demand for the fossil fuel wanes, according to a new report.
Global LNG fleet’s annual CO₂e emissions soar past 12 billion tonnes while orderbooks shrug off overcapacity warning, study finds
LNG shipping giants continue to ramp up vessel orders despite stranded asset risks, potential decades of carbon lock-in, and a mounting emissions toll
Marshall Islands trials out new first low carbon cargo ship, ADB interested in the RMI ground-breaking initiative
One of the world’s ground-breaking low carbon sailing cargo ship, the SV Juren Ae, is now operating in the Republic of Marshall Islands, after the government took delivery of the vessel in July last year.