RCurrent Operation: DNV's Alternative Fuels Insights (AFI) platform indicates that there are currently over 600 LNG-powered vessels in operation, excluding LNG carriers.
Record Deliveries: In 2024, there were a record number of LNG-powered vessel deliveries, with 169 vessels delivered, and 264 new orders for LNG-fueled vessels were placed, also a record.
Growth Projections: The number of LNG-powered vessels in operation is projected to double by the end of the decade, according to the AFI order book.
LNG Bunker Vessels: The number of LNG bunker vessels in operation has also grown significantly, with continued growth expected.
Global Fleet: SEA-LNG reports that LNG-fueled vessels now make up 6% of the global fleet by deadweight tonnage (DWT) when considering current orders.
Vessel Types: The portfolio of LNG-fuelled ships currently in operation includes container ships, crude oil tankers, oil/chemical tankers, and bulk carriers.