As recent reports from DNV and Clarkson both indicated, 2024 was a record setting year for the adoption of LNG as a marine fuel. Now industry coalition SEA-LNG has published its annual
Worldwide growth in maritime LNG use and infrastructure. [Infographic: SEA-LNG]
As recent reports from DNV and Clarkson both indicated, 2024 was a record setting year for the adoption of LNG as a marine fuel. Now industry coalition SEA-LNG has published its annual “View from the Bridge” report. It not only confirms the record-breaking growth in orders but gives some insights into what’s behind the continuing trend.
Analyzing data from SEA-LNG members, the report found that global market adoption and growth reached record heights in 2024. SEA-LNG reports annual vessel growth of over 33% to 638 LNG-fueled vessels in operation worldwide today. Looking forward, over 1,200 vessels are expected to be operating on LNG by the end of 2028.
In 2024, LNG dual-fueled vessels accounted for 70% of alternative fueled tonnage ordered, excluding LNG carriers, up from 43% in 2023.
This record expansion follows the growing availability of LNG bunker fuel beyond the traditional bunkering hubs, says SEA-LNG. Currently, LNG bunkers are
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