Alternative-fuel newbuilding orders decline as those for bulkers and tankers rise
Most newbuilding contracts for dry cargo carriers and tankers are for conventionally fuelled vessels, some with the potential to retrofit via ‘alternative-fuel ready’ specifications
Already large liner orderbooks have seen commodities carriers, with conventional fuel propulsion systems, make up the greater share of newbuilding orders in recent months. However, any increase in demand for large alternative-fuel bulk carriers and crude tankers could be limited by a lack of shipbuilding capacity
