openPR Logo
Press release

LNG Bunkering Market Revenue & Growth Analysis By Top Manufacturers - Royal Dutch Shell plc., Engie, Bomin Linde LNG GmbH & Co. KG, Skangass AS., Gasnor AS, Korea Gas Corporation

10-07-2019 04:51 PM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

LNG Bunkering Market Revenue & Growth Analysis By Top

The rise in the number of peak shaving plants will lead to a surge in the demand for LNG, thus creating a favorable roadmap for LNG bunkering market. The high demand for LNG bunkers can be attributed to the abilities of LNG to considerably reduce carbon emissions, methane slip, and air pollution. LNG bunkers find massive applications in offshore support vessels, container vessels, ferries, cruise-ships, and bulk carriers, on the grounds of which it can be safely assumed that the growth of LNG bunkering market will create lucrative avenues for major corporations to explore the business.
Global Market Insights, Inc., states that LNG bunkering industry revenue, which was estimated at more than USD 800 million in 2016, is projected to surpass USD 12 billion by 2024.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/702

As per the current EU guidelines, every member country is required to have at least one LNG bunkering port. Statistics claim that nearly 139 ports in Europe are expected to be LNG bunkered by 2025. Improved LNG bunkering infrastructure facilities across Rotterdam, Zeebrugge, and Stockholm ports in the Northwestern part of the Europe are expected to boost LNG bunkering market trends across the region.
Exceptional LNG bunkering infrastructural growth across the Fourchon and Jacksonville ports on the U.S. Gulf & East coast along with the development of various ports with LNG bunkering facility across the southeast, great lakes, Pacific Northwest, and Gulf of Mexico in the North American region, will have a major impact on LNG bunkering industry size in the North American region.

LNG Bunkering Market, Growth drivers
• Positive outlook toward shipping industry
• Increasing seaborne trade
• Growth initiatives and incentive policies
• Strict government norms against sulfur and nitrous oxide emissions

Make an Inquiry for Purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/702

China LNG bunkering market growth map is expected to experience a massive upward surge with the expansion of LNG bunkering infrastructure. South Korea industry is also anticipated to witness a similar growth trend with LNG bunkering facilities made available in Incheon port. Countries such as Japan and Australia are also expected to build LNG bunkering ports across their coasts, thereby further fueling the industry revenue across the region.
Escalating LNG bunkering industry expansion in Qatar can be credited to ample supply of LNG across the region along with growing strict government legislations to minimize the greenhouse effects.

Browse Report Summery @ https://www.gminsights.com/industry-analysis/lng-bunkering-market

Mitsui & Company has participated in various LNG bunkering pilot programs and promoted comprehensive & in-depth LNG bunkering research. The firm has also invested in many LNG projects and is involved in a wide range of value chain activities, thereby providing a boost to LNG bunkering activities. By joining SEA/LNG, the firm expects to contribute towards green energy as a part of its corporate social responsibility initiative along with improving its brand image across LNG bunkering industry.
Stringent guidelines regarding fuel emissions across marine transportation have encouraged NOVATEK to penetrate LNG bunkering market. Today, the growing demand for cleaner fuels with the lingering threat of global warming form a major part of the discussions on global environmental concerns. This has driven firms such as NOVATEK to opt for LNG as a fuel for its marine fleet, thereby encouraging the infrastructural growth and impacting LNG bunkering industry.

Global Market Insights, Inc.
4 North Main Street
Selbyville, Delaware 19975 USA
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release LNG Bunkering Market Revenue & Growth Analysis By Top Manufacturers - Royal Dutch Shell plc., Engie, Bomin Linde LNG GmbH & Co. KG, Skangass AS., Gasnor AS, Korea Gas Corporation here

News-ID: 1844261 • Views: 224

More Releases from Global Market Insights, Inc.

Advanced Energy Storage Systems Market 2019 | Top Players are Furukawa Battery C …
Global Advanced Energy Storage Systems Market size is projected to surpass 11.36 Giga Watts by end of 2022 and predicted to register CAGR of more than 15.1% during forecast timeline. Increasing concerns over power conservation and change in focus towards renewable energy sources is predicted to promote industry growth. Constant efforts by firms like Halotechnics, GE Renewable Energy and General Compression to introduce changes in the technology is predicted to promote
Butane Market report 2019 | Valero Energy Corporation, Royal Dutch Shell, Tyumen …
Global Butane Market size is predicted to surpass 266 million tons with projected gains higher than 2.8%. Rising LPG (liquefied petroleum gas) demand due to its acceptance as domestic fuel, specifically in APAC and Africa, is projected to promote global industry trends. Governments all across the globe are encouraging its usage to reduce greenhouse emissions and coal dependency. They are providing subsidy on LPG to promote its usage as domestic
Surface Mining Equipment Market Revenue & Growth Analysis By Top Manufacturers - …
Surface Mining Equipment Market is continuously evolving with the involvement of new technologies in the mining process which are making the operations more safe, efficient, and user-friendly. Over the past decade, the mining industry has seen innumerable changes addressing the need of cost mines with high production and low operating cost. Increasing proliferation of sophisticated equipment especially in emerging nations that offer precision as well as time efficiency in the
Comprehensive study of Small Hydropower Market 2019 : Leading Players are RusHyd …
Global Small Hydropower Market size by installed base was more than 110 GW for 2015 and is predicted to register more than 2.5% growth during the forecast period. Demand for pure and renewable source of energy has resulted in growth of the industry. The reason being that hydropower is purest form of renewable energy and does not pollute the environment by emitting hazardous pollutants like carbon dioxide. Also, small hydropower needs

All 5 Releases


More Releases for LNG

LNG Bunkering Industry to surpass $12bn by 2024:ENGIE,Polskie LNG,Eagle LNG, ENN …
LNG Bunkering Market size is set to exceed USD 12 billion by 2024.Growing demand for cleaner fuel coupled with strict emission regulations to reduce the airborne emissions predominantly in North America and Europe will stimulate LNG bunkering market. In 2015, International Maritime Organization (IMO) introduced Tier III norms to curb NOx emissions from marine vessels among Emission Control Areas (ECAs) under maritime boundaries. Request for a sample copy of this
Global Liquefied Natural Gas (LNG) Market 2018-22 : LNG bunkering, progressing L …
ResearchMoz presents Professional and In-depth Study of "Global Liquefied Natural Gas (LNG) Market: Industry Analysis & Outlook (2018-2022)" with coming years Industries Trends, Projections of Global Growth, Major Key Player and Case Study, Review, Share, Size, Effect. ' ' Liquefied Natural Gas (LNG) is a liquid form of natural gas, which is composed mainly of methane and other gases such as Ethane, Propane, Butane and Nitrogen. LNG liquefaction is a procedure
Floating LNG Market Forecast 2017-2022 Hegh LNG, Excelerate Energy, Royal Dutch …
Floating LNG Market Research 2017 A market study ” Global Floating LNG Market ” will help you understand, formulate and implement strategic decisions by offering critical data, insights and analysis from technology as well as commercial perspective on the Floating LNG market. It encloses an in-depth Research of the Floating LNG market state and the competitive landscape globally. This report consist of comprehensive market data, on a granular level, providing a
Floating LNG Global Market Outlook 2017-2022 Excelerate Energy, Golar LNG, Hegh …
Floating LNG Market Research Report A market study ” Global Floating LNG Market ” examines the performance of the Floating LNG market Size 2017. It encloses an in-depth Research of the Floating LNG market state and the competitive landscape globally. This report analyzes the potential of Floating LNG market in the present and the future prospects from various angles in detail. Request For Sample Report: http://bit.ly/2wD0Ue2 The Global Floating LNG Market 2017
Floating LNG Terminals Market Size 2017-2022: PETRONAS, Royal Dutch Shell, Golar …
Floating LNG Terminals Market Research 2017 A market study ” Global Floating LNG Terminals Market ” examines the performance of the Floating LNG Terminals market 2017. It encloses an in-depth Research of the Floating LNG Terminals market state and the competitive landscape globally. This report analyzes the potential of Floating LNG Terminals market in the present and the future prospects from various angles in detail. The Global Floating LNG Terminals Market 2017
Japan LNG Demand Forecast 2016
The natural gas production is very limited in Japan as compared to the consumption rate. The production of natural gas in Japan is mainly associated with the companies named International Petroleum Exploration Corporation (INPEX), JAPEX, Mitsubishi, Mitsui, Nippon Oil. Other Japanese oil and gas companies are actively involved in domestic and international natural gas exploration and production. The natural gas is mostly consumed by power sector, residential/commercial sector and industrial