LNG container ships reach 25% of orderbook but is the gas too expensive to use?

LNG-capable container vessels now make up a quarter of the sector’s newbuilding orderbook.

But consultancy Alphaliner is questioning whether the price of the gas means ships already on the water are burning gas oil instead.

The company said there has been a surge in orders over the past year, lifting the number of LNG dual-fuel vessels to 138 units of 1.67m