Clarksons: Record Number of Alternative Fuel Capable Newbuildings Ordered in 2022

Sat, 11 Feb 2023 07:51:25 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.hellenicshippingnews.com/clarksons-record-number-of-alternative-fuel-capable-newbuildings-ordered-in-2022/>

"As emissions regulatory and policy decisions continue to “ramp up” across
maritime, Clarksons Research is closely tracking uptake of “green” technology
that will impact the shipping industry’s 851mt (2021: 822mt, 2008: 1,024mt) and
2.3% contribution to global CO2. Summarising the latest trends in technology
uptake and fleet renewal from our Fuelling Transition report and monthly data
series, Steve Gordon, Clarksons Research Managing Director, commented:

In January-September 2022, a record 59%* of all newbuild orders by tonnage has
been alternative fuel capable (basis non-LNG carriers: 43% of tonnage), while
54% (288 orders of 27.0m GT) have been LNG dual fuelled), 2.9% methanol fuelled
(19 orders of 1.4m GT), 0.7% ethane fuelled (8 orders of 0.4m GT) and 1.3%
include battery hybrid propulsion. In addition, a further 12.7% of orders were
“am-monia ready” (73 orders of 6.3m GT), 1.2% of orders were “LNG ready” (20
orders of 0.6m GT) and 0.1% of orders have been “hydro-gen ready” (3 orders of
15k GT). Please note these add up to excess 100% of the alternative fuels
capable total: there is an increasing trend towards multiple fuels / fuel ready
to provide future optionality. For context, in 2021 31.5% of newbuild tonnage
ordered was for alternative fuel capable vessels (479 units), up from 211
orders in 2020 and 46 orders in 2016.

Uptake of alternative fuels has continued to progress, with 4.8%** (2021: 3.7%,
2017: 2.3%) of the fleet on the water and 43.8% (2021: 28.2%, 2017: 10.4%) of
the orderbook in tonnage (GT) terms capable of using alternative fuels or
propulsion."

Via Future Crunch:
<https://futurecrunch.com/goodnews-global-democracy-cancer-usa-rhinos-india/>

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

Comment via email

Home E-Mail Sponsors Index Search About Us