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Offshore Support Vessel On-board Fuel Monitoring System Market Top Keyplayers ABB, Ascenz Solutions Pte Ltd., Aquametro Oil & Marine AG, BOURBON, CMR Group, DNV GL, EMA Group (BlueTracker), Emerson Electric Co., Ian-Conrad Bergan, LLC (Bergan Blue), Insat
Offshore Support Vessel On-board Fuel Monitoring System Market
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Increase in enforcement of environmental regulations and small profit margins in the shipping industry has led to increasing focus on installing on-board fuel monitoring system, which helps to optimize performance of the vessel. For instance, according to International Marinetime Organization (IMO) Regulation 22, it is mandatory for all ships to have an International Energy Efficiency Certificate (IEEC). The IEEC requires the presence of a Ship Energy Efficiency Management Plan (SEEMP) on board.
Asia Pacific held dominant position in the global offshore support vessel on-board fuel monitoring system market in 2017, and is projected to retain its dominance throughout the forecast period. The oil and gas industry is growing at a substantial rate by implementing subsea processing facilities. Inspection, Maintenance, and Repair (IMR) vessels are equipped with an IMO Class II or Class III Dynamic Positioning System and have the latest technology on board.
Global Offshore Support Vessel On-board Fuel Monitoring System Market: Key Players
Major players operating in the global offshore support vessel on-board fuel monitoring system industry include, ABB, Ascenz Solutions Pte Ltd., Aquametro Oil & Marine AG, BOURBON, CMR Group, DNV GL, EMA Group (BlueTracker), Emerson Electric Co., Ian-Conrad Bergan, LLC (Bergan Blue), Insatech A/S, Krill Systems, Inc., KROHNE Messtechnik GmbH, Marorka Ehf., Nautical Control Solutions (FUELTRAX), Navis, Opsealog, Power Instruments Pte Ltd., Royston Limited, The Triscan Group, World Fuel Services Corporation, and Yxney Maritime AS.
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