The 'Global and Chinese LNG Bunkering Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global LNG Bunkering industry with a focus on the Chinese market.
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
LNG Bunkering Market is likely to grow at an impressive CAGR of 46% during the forecast period. Revolutionary trends towards clean energy combined with strict government regulations to reduce airborne emissions including sulfur and nitrous oxide will lead the LNG bunkering market during the forecast period.
This Report provided by 24 Market Reports is about, the Global LNG Bunkering Market Research Report Forecast 2017-2022 is a valuable source of insightful data for business strategists. It provides the LNG Bunkering industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable).
The global LNG Bunkering Market value was US$ 2,978.4 million in 2021. The global LNG Bunkering Market value is forecast to reach US$ 25,045.8 million by 2027, growing at a compound annual growth rate (CAGR) of 42.6% during the forecast period from 2022-2027.
Bunker fuel is a fuel oil used in marine vessels. It is poured into the ship bunkers to keep the engines running. Ships use three types of marine fuels, which include high sulfur fuel oil, low sulfur fuel oil, and diesel oil. Presently, growth in awareness toward reducing environmental pollution and stringent government regulations are expected to provide lucrative growth opportunities for the fuels, including liquefied natural gas (LNG), gasoil, and liquefied petroleum gas (LPG) as a substitute to the above-mentioned bunker fuels.
Bunker fuel is a type of fuel oil that is used abroad/marine vessels. It is poured into ship’s bunkers to power its engines. Bunker fuel gets its name from tanks on ports and in ships that it is stored in. Previously, they were known as coal bunkers, but now they are called as bunker fuel tanks. Bunker fuels are used to power their motors, engine, drive, and other equipment in the marine vessels. With the implementation of IMO-2020 regulations on sulfur content in the marine fuel from January 2020, there is increase in attention toward utilization of low sulfur fuel oil from key players operating in this market. However, heavy fuel oil or high sulfur fuel oil can be used on the ships where scrubbers are installed.
Liquefied Natural Gas (LNG) shipping services play a critical role in the global energy trade, facilitating the transportation of LNG from production facilities to consumption centers across the world. This report provides a comprehensive analysis of the LNG shipping services market, examining key trends, challenges, growth drivers, and future prospects.
Industry report on Global LNG Bunkering Market Forecast mentions market opportunities, market risk, and market driving force. Global LNG Bunkering Market report available @ http://www.rnrmarketresearch.com/global-lng-bunkering-market-by-manufacturers-regions-type-and-application-forecast-to-2021-market-report.html
According to the latest research report by IMARC Group, The global bunker fuel market size reached US$ 160.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 258.9 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032. More Info:- https://www.imarcgroup.com/bunker-fuel-market
Market Reports on India present the latest report on “India Bunker Fuel Market”,this report focuses on sales, market share and growth rate of Bunker Fuel in each application.
According to the latest research report by IMARC Group, The global bunker fuel market size reached US$ 150.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 216.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028. More Info:- https://www.imarcgroup.com/bunker-fuel-market
According to the latest research report by IMARC Group, The global small-scale LNG market size reached US$ 33.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 51.3 Billion by 2028, exhibiting a growth rate (CAGR) of 7.6% during 2023-2028. More Info:- https://www.imarcgroup.com/small-scale-lng-market
Global Bunker Fuel market competition by top manufacturers/players, with Bunker Fuel sales volume, Price USD/MT, revenue Million USD and market share for each manufacturer/player; the top players including Exxon Mobil BP Shell China Marine Bunker World Fuel Services Bunker Holding
The report has categorized the market based on region, fuel type, vessel type and seller. The competitive landscape of the market has also been analyzed in the report with the detailed profiles of the key players. For more information, request for a free sample report here: https://www.imarcgroup.com/bunker-fuel-market/requestsample
Small-scale LNG market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 13.4% in the forecast period of 2020 to 2027 and expected to reach USD 11,781.86 million by 2027.
Looking forward, the bunker fuel market value is projected to reach a strong growth during the forecast period (2021-2026). More info:- https://www.imarcgroup.com/bunker-fuel-market
The Caribbean islands bunker fuel market was valued at $8,231 million in 2016, and is projected to reach $16,404 million by 2023, growing at a CAGR of 10.7% from 2017 to 2023. Fishing vessel is anticipated to grow at the highest rate during the forecast period.
High demand of natural gas as a transportation fuel can be a driving factor of the market. Increasing demand of natural gases in industrial, commercial & residential sector can boost its market growth.
Producing Clean Fuel From Biomethane Building a small scale Bio-LNG market Peter van der Gaag Holland Innovation Team Anglo Dutch bio-LNG * Producing Clean ...
... (For ports interconnection, retrofitting of ships or barges with LNG, ) ... (in ports LNG bunkering and feeder vessels) Category of projects Total Value ...
Adroit Market Research Publish a New Market Research Report on - “Small Scale LNG Market”. The Report Covers Industry Trends, Statistic, Segmentation, Growth, Market Share, Revenue, Leading Players, Region, Types and Application.
... world's largest independent ship agency network with 10% of the worldwide agency ... Arranging bunkers, chandling, full liner services, inland haulage and ...
2nd Annual Global Tank Storage Summit Opportunities and Challenges resulting from an increased demand for storage with focus on biofuels Peter van der Gaag
SHIP PROPULSION Ship (Marine) propulsion Mechanism used to move a ship across water (engine turning a propeller) Choice of a suitable powerplant depends on: size of ...
The global shipping industry is one of the largest contributors to greenhouse gas emissions, accounting for about 2.9% of global emissions. In order to reduce its emissions, the shipping industry is implementing a number of decarbonization measures. These measures are likely to increase the cost of shipping, which will in turn increase the cost of exports and imports.
... St. Petersburg, Russia. Speaker. Vladimir Vasilyev ... Vladimir Vasilyev. HELCOM ad hoc Expert Working Group on Transit Routeing, 10-11 October 2006 Bonn ...
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8th African Oil and Gas Trade and Finance Conference. Oskar Slingerland ... US trends move across the Atlantic, new environmental standards. Key drivers ...
Marine air emissions and trading. Zoi Nikopoulou. PhD student. School of Business Economics and Law at University of Gothenburg. Department of Business Administration
Specialist ship brokers (GG Lucus) General Managers, Liners Agents African Ports ... The post concession race has started, but who has heard the starting gun? ...
A time charter for a trip to carry a specific cargo from a delivery point via load and ... line to the top-most point ... IMO. International Maritime Organization, ...
Imagine a building the size of the Empire State Building moving at 20 miles per ... Coordinates customs, port state agents, vetting inspections and others. ...
New Model Concession Agreement with further refinements on the anvil. Policy Framework for PPP ... Expansion and Upgradation of Existing Facilities on the anvil ...