Green transition remains a central underlying driver for shipping markets, according to the latest review from Clarksons Research, which estimates that 44% of newbuild tonnage ordered in the first half of this year will be powered with alternative fuel.
With 62 orders secured in the first six months of 2023, methanol continues to close in on LNG as a mainstream fuel, with the latter locking in the fuel choice in 86 orders.
The containership sector continues to lead the way with over 100 vessels on order. This compares to 251 LNG-fueled containerships in operation and on order.
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