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                    "Alternative-fuel ship orders rebounded sharply in the third quarter, with September delivering the strongest monthly total in nearly two years as LNG remained the dominant choice for new vessels.\n\n\n\nShipowners placed orders for\u00a069 alternative-fuelled vessels in September, the highest monthly total since October 2024, according to new figures from DNV\u2019s\u00a0Alternative Fuels Insight\u00a0platform.\n\n\n\nThe September activity brought third-quarter orders to 168 vessels, making it the busiest quarter since the third quarter of 2024.\n\n\n\nSo far this year, DNV has recorded\u00a0311 alternative-fuel vessel orders, up 53% from the same period in 2025.\n\n\n\nThe acceleration marks a sharp turnaround from the first half of the year.\u00a0DNV reported in July\u00a0that owners ordered 137 alternative-fuelled vessels during the first six months of 2026, down from 155 a year earlier.\n\n\n\n\u201cAfter a relatively slow start to 2026, vessel ordering activity picked up significantly in the third quarter,\u201d said Jason Stefanatos, Global Decarbonization Director at DNV Maritime. \u201cSeptember capped the strongest quarter for alternative-fuelled vessel contracting in the past two years, bringing year-to-date orders comfortably above the level seen at the same point last year.\u201d\n\n\n\nLNG accounted for 48 of September\u2019s 69 orders, covering containerships, car carriers, bulk carriers and ro-ro cargo vessels.\n\n\n\nAnother 12 orders were for ethanol-fuelled bulk carriers, while nine LPG-fuelled vessels were ordered during the month.\n\n\n\nThe mix reflects an industry that continues to pursue several fuel pathways rather than settling on a single replacement for conventional marine fuels.\n\n\n\n\u201cOrdering activity can turn quickly, as this quarter shows,\u201d Stefanatos said. \u201cThe mix of fuels and vessel types still varies from one segment to another, which reflects the different operating profiles and commercial realities across the industry.\u201d\n\n\n\nThe stronger orderbook comes as shipowners face continuing uncertainty over fuel costs, infrastructure and future emissions rules.\n\n\n\nDNV warned in its latest\u00a0Maritime Forecast to 2050\u00a0that regulatory outcomes could significantly change the economics of alternative fuels over the operating lives of vessels ordered today.\n\n\n\nAlternative-fuel-capable tonnage has already grown from just 0.4% of the global fleet in 2020 to 5.2% in 2026, according to DNV, led primarily by LNG and methanol systems.\n\n\n\nBut many dual-fuel vessels continue to operate mainly on conventional fuels because lower-emission alternatives remain more expensive and availability varies considerably by region.\n\n\n\nThe latest contracting figures nevertheless suggest owners remain willing to pay for fuel flexibility when ordering ships expected to remain in service for decades.\n\n\n\n\u201cThe overall level of contracting suggests that shipowners continue to invest in alternative-fuel capability as part of their longer-term fleet strategies,\u201d Stefanatos said.\n\t\t\t\t\t\n\t\t\t\t\t\t                \n\n\n\t\tSubscribe for Daily Maritime Insights\n\t\tSign up for gCaptain\u2019s newsletter and never miss an update\n        \u2014 trusted by our 107,139 members"
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