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Why Is Methanol Losing to LNG?

LNG is winning new ship orders. Even Maersk is changing course.

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Maritime Analytica
Oct 30, 2026
∙ Paid

Shipping has spent years searching for cleaner fuels.

Methanol was one of the biggest hopes.

Maersk was among its strongest supporters.

But the latest ship orders tell another story.

LNG is winning. Methanol orders have almost stopped.

And conventional engines are making a comeback.

These ships could still be sailing in the 2050s.

So why are carriers changing their fuel choices?

Here are 5️⃣ signals behind it:


1️⃣ LNG Is Winning New Orders

Current Orderbook by TEU capacity:

  • LNG dual-fuel: 55%.

  • Methanol: 11%.

  • Conventional engines: 30%.

Yet 90% of today’s fleet still uses conventional fuel.

💡 Tomorrow’s fleet looks very different from today’s.


2️⃣ Methanol Orders Have Almost Stopped

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