Cleaner fuels gain ground in shipping, but Cyprus sees the limits

Global shipping is making visible progress in adopting cleaner fuels, but the pace of change remains well short of what is needed to meet looming environmental targets, according to new analysis by British classification society Lloyd’s Register (LR), based on Clarkson’s data for 2025.

While overall newbuilding orders eased compared with 2024, demand for vessels capable of operating on alternative fuels stayed resilient.

In 2025 alone, 590 such ships were ordered, lifting the total order book to 1,942 vessels...