According to data from
AXS Marine, so far only 3% or 915 vessels are equipped with dual fuel
propulsion from the total global bulk, tanker and containership fleet of 30,487
ships. AXS Marine statistics show how
dry bulk, the largest sector in shipping, has been the most reluctant so far to
invest in dual fuel technology.
Clarksons Research
data shows that for last year around 45% of all newbuilding capacity ordered
involved alternative fuel helping take the overall share of orderbook tonnage
to over 50% for the first time.
The strongest uptake
outside of LNG carriers and VLGCs where cargo can be utilised as fuel, has been
in the container sector, now standing at 61% of the orderbook and car carriers
at more than 90%. For the bulk carrier orderbook take-up is just 10% and for
tankers it is 19%.
Dry bulk’s long tail, and its slowness to invest in
green tonnage will be under the microscope on May 3 during the high-level dry
decarbonisation session at the Splash-organised Geneva Dry summit, a panel chaired by Mette
Asmussen from the World Economic Forum and featuring top names from owning,
chartering and class.
Tags: Dry Bulk, Fuels, Green, Investment