Alternate Fuel Tracker - March 2026

04 March 2026
Green Transition
Alternate Fuel Tracker
Dwaipayan Chowdhury
Dwaipayan Chowdhury
Shipping Analyst

The latest orderbook data shows little change in propulsion trends for most shipping segments. Dry bulk carriers remain heavily reliant on conventional fuels, with 22% of vessels fitted with scrubbers and only 4.2% using alternative fuels - reflecting minimal uptake of LNG, methanol, or biofuels. Tankers show slightly broader diversification, now at 28.9% scrubbers and 6.9% alternative fuels, though traditional propulsion continues to dominate.

In contrast, container vessels maintain the strongest shift toward next‑generation fuels, with alternative fuel adoption rising to 46.6%, far outpacing scrubbers at 13.1%, driven largely by LNG and methanol in larger TEU classes. The LPG orderbook continues to lead in fuel transition, with 56.4% of ships designed for alternative fuels and only 4.2% equipped with scrubbers.

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