Investments in dual-fuel fleet top $200B with over 1,350 ships

Published on October 23, 2026 Author Web Editor TagsCarbon emissions,dual-fuel vessels,International Maritime Organization,Joe Kramek,LNG ships,World Shipping Council More than 500 dual-fuel container ships and vehicle carriers are now operating worldwide and another 849 are on order, bringing total investments to over US$200 billion, according to the latest World Shipping Council data The shipping industry needs to be able to source more commercially competitive alternative fuels to power these vessels The WSC reiterated its call for the urgent need to have a global decarbonization framework to support future investment decisions More than 500 dual-fuel container ships and vehicle carriers are now operating worldwide and another 849 are on order, bringing total investments to over US$200 billion, according to the latest World Shipping Council (WSC) data on it Dual-Fuel Fleet Dashboard.

As of September 2026, there were 503 dual-fuel ships on the water, up 41% from 358 in the same month last year. Another 849 ships are on order, bringing the total delivered or on order to 1,352 ships.

These ships are designed to operate on either conventional marine fuels or alternative fuel types, including renewable and lower-emission fuels, helping prepare the fleet for the transition to cleaner shipping.

“The container ship and vehicle carrier industry have committed more than $200 billion to ships that can run on cleaner fuels, with more than 500 already sailing and hundreds more on the way,” WSC president and CEO Joe Kramek said in a statement.

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