LNG Bunkering Market: Evolving Technology, Trends and Industry Analysis 2024

The Global LNG Bunkering Market 2024 Research Report is a professional and in-depth study on the current state of the LNG Bunkering Industry. Development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and figures as well as cost, price, revenue and gross margin by regions North America, Europe, Asia-Pacific, Middle East and Africa and other regions can be added.

Clean energy is treading toward becoming the sine qua non for survival in the modern world. On these grounds, LNG bunkering market is slated to experience a positive growth rate over the coming years. The governmental bodies across the globe have been implementing stringent norms to curb GHG emissions and contribute toward a clean environment, which will heavily impact global LNG bunkering industry size. These bunkers are being heavily adopted across numerous end-use sectors, pertaining to their ability to reduce carbon emissions by at least 20% to 25%.

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Market Competitors:
o Royal Dutch Shell plc.
o Engie
o Bomin Linde LNG GmbH & Co. KG
o Skangass AS.
o Gasnor AS
o Korea Gas Corporation
o Harvey Gulf International Marine LLC
o Polskie LNG
o Eagle LNG
o ENN Energy
o EVOL LNG
o Fjord Line
o Crowley Maritime
o Prima LNG

Truck-to-ship, portable tanks, ship-to-ship, and port-to-ship are the major products of LNG bunkering industry. Ship-to-ship LNG bunkering market is anticipated to observe a CAGR of more than 60% over 2017-2024 pertaining to its quick transfer operation and high capacity of 700 - 7500 tons Furthermore, it provides the feasibility of allowing simultaneous bunkering operation and cargo movement.

LNG bunkers find applications in cruise-ships, bulk carriers, offshore support vessels, container vessels, and ferries. Roll-on roll-off car carriers, cruise-ships, and ferries are categorized under the term 'RO-Pax'. Pertaining to high fuel consumption, Ro-Pax LNG bunkering industry is slated to observe a steep growth rate over 2017-2024. Driven by strict environmental regulations and a positive outlook toward international trade, LNG bunkering market from bulk carriers & container vessels will witness an enormous boost, especially across the Asia Pacific belt.

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Recently, Singapore has been observing an appreciable increase in the growth of LNG bunkering market. In fact, the Singapore LNG Corporation has just carried out its first small scale LNG gas-up & reload operation at its 40-hectare plot in the south Jurong Island, thereby strengthening its LNG infrastructure. This operation was performed for the LNG bunker vessel called Cardissa, of capacity 6,500 cubic meters, owned by the Shell Corporation and simultaneously funded the EU's Connecting Europe Facility. Through this move, SLNG has strengthened its regional LNG bunkering industry and has also expanded its operations in northwest Europe.

Partial Table of Contents (ToC) of the report:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Market definition & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. LNG bunkering industry 3600 synopsis, 2014 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. End-use trends
2.1.4. Regional trends

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