LNG Bunkering Market Key Players Polskie LNG, Eagle LNG, ENN Energy, EVOL LNG, Fjord Line, Crowley Maritime, Prima LNG
As per a recent news snippet, the Caribbean is one of the most lucrative regions for LNG bunkering market, as the shipping sector seeks compliance with the latest global emission limit for marine fuels that is slated to be effective in the year 2020. According to the CEO of Ventrin Petroleum Company Ltd., the renowned Trinidad and Tobago-based oil & gas firm, Trinidad will be a major producer of LNG in the next few years. In addition, the usage of LNG in the Caribbean is likely to reduce the cost of utility generation by 15% to 31%, which will lead to more investments in LNG infrastructure, thereby propelling the regional LNG bunkering market.
Request a sample of this research report @ https://www.decresearch.com/request-sample/detail/702
Shale gas exploration activities are currently on a rise across the globe, especially in the United States. In 2016, shale gas production in the U.S. reached to 15,213 bcf from a volume of 13,447 bcf in 2015. Rising demand for eco-friendly and cost-efficient marine fuels will lead to an increase in the product demand thereby complementing the expansion of LNG bunkering market. Pertaining to the current scale of shale gas exploration activities and the regulations deployed by the U.S. Coast Guard related to ship building with gas-fueled engines, U.S. LNG bunkering industry size was worth over USD 100 million in 2016.
The U.S. EPA, in 2015, had implemented the TIER III norms under the MARPOL annexure VI to reduce nitrogen and sulfur oxide emissions from ships across the ECAs (Emission Control Areas), which will lead U.S. LNG bunkering market to surpass a volume of 3,000 kilo tons by 2024.
Make an inquiry for purchasing this report @ https://www.decresearch.com/inquiry-before-buying/702
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.
The Ministry of Port Authority of Singapore has recently declared an investment of USD 1.45 million for six ships vessels under pilot program. Thus, rising number of investments toward infrastructure development coupled with strict government regulations will positively influence Singapore LNG bunkering market.LNG bunker products are extensively used in offshore support vessels. In 2016, OSVs held more than 25% of LNG bunkering industry share and are slated to grow over the next seven years. Rising number of exploration and production of hydrocarbons and strict norms pertaining to carbon emissions will contribute toward the growth of LNG bunkering market.
Shell Corporation, in 2012, had announced an investment of USD 12.6 billion in an FLNG project in Australia, which is anticipated to begin in 2018. Rising investments in FLNG projects, thus, will positively impact LNG bunkering industry over 2017-2024.
Partial Table of Contents (ToC) of the report:
Chapter 1. Methodology and Scope
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
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
Toll Free: 1-888-689-0688
About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.
This release was published on openPR.
Permanent link to this press release:
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 Key Players Polskie LNG, Eagle LNG, ENN Energy, EVOL LNG, Fjord Line, Crowley Maritime, Prima LNG here
News-ID: 2005641 • Views: 318
More Releases from DecResearch.com
Whats Driving The Plant-based Waters Market Share? PepsiCo Inc., Caliwater LLC, …
Decresearch has recently published a study titled ‘Global Plant-based Waters Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Plant-based Waters market. The report is inclusive of a completely comprehensive study of the Plant-based Waters Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market. A highly methodical quantitative as well as qualitative analysis of
Whats Driving The Feed Phosphate Market Share? Yara International, The Mosaic Co …
Decresearch has recently published a study titled ‘Global Feed Phosphate Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Feed Phosphate market. The report is inclusive of a completely comprehensive study of the Feed Phosphate Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market. A highly methodical quantitative as well as qualitative analysis of
Whats Driving The Fish Protein Hydrolysate Market Size? SOPROPECHE, Symrise AG, …
Decresearch has recently published a study titled ‘Global Fish Protein Hydrolysate Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Fish Protein Hydrolysate market. The report is inclusive of a completely comprehensive study of the Fish Protein Hydrolysate Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market. A highly methodical quantitative as well as
Whats Driving The Food Safety Testing Market Share? Emsl Analytical Inc, Eurofin …
The global Food Safety Testing market was valued at USD 14 Billion in 2018 and is projected to touch USD 24 Billion by 2025, developing at a CAGR of 7.5% from 2019 to 2025. Decresearch has recently published a study titled ‘Global Food Safety Testing Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Food Safety Testing market. The report is inclusive of a
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
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
Global Floating LNG Tanker Market 2017 : Golar LNG, Hoegh LNG, Royal Dutch Shell …
A market study based on the "Floating LNG Tanker Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Floating LNG Tanker Market 2017’. The research report analyses the historical as well as present performance of the worldwide Floating LNG Tanker industry, and makes predictions on the future status of Floating LNG Tanker market on the basis of this analysis. Get Free Sample Copy of Report