Owing to the regulatory push towards greener practices in the maritime industry, the rise in the adoption of LNG as a marine fuel has led to a robust orderbook of LNG-capable vessels and driven demand for LNG bunker vessels and port infrastructure, with an additional 57 ports expected to be upgraded with LNG bunkering facilities by the end of 2026.
According to Intermodal Shipbrokers, LNG-capable vessels are steadily gaining an expanding share of the global fleet, counting 1,329 vessels able to use LNG as fuel as of March 2025, with a total carrying capacity of 110 m gt, representing 6.56% of the global fleet. To compare, only 558 such vessels existed in 2021.
