LNG Bunkering Market Witness Highest Growth in near future| Leading Key Players: Eagle LNG, ENGIE, EVOL LNG, Gazprom Neft PJSC

LNG Bunkering Market to 2027 - Global Analysis and Forecasts by End-user (Tanker Fleet, Bulk and General Cargo, Offshore Vessels and Ferries, Others) and Geography

Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage or transport.

LNG is an attractive fuel choice for many vessels because it exceeds the air quality standards set forth. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia.

LNG Bunkering is the providing of LNG fuel to vessels for its own consumption. The benefits of LNG as a fuel is the mass reduction in sulfur content and produce low NOx as compare to MDO and MGO. Hence, rising development to promote the LNG as a bunker fuel is boosting the growth of the LNG bunkering market. Growing seaborne trade and increasing shale production are influencing the growth of the LNG bunkering market. Rising demand for low cost and eco-friendly marine fuel is also triggering the growth of the LNG bunkering market.

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Companies Profiled in this report includes: Eagle LNG, ENGIE, EVOL LNG, Gazprom Neft PJSC, Harvey Gulf International Marine, LLC, KANON Loading Equipment B.V., KLAW LNG, Nauticor GmbH & Co. KG, Shell International B.V., Titan LNG

Growing shifting towards clean energy coupled with strict government rules to minimize emissions, including nitrous oxide and sulfur, drives the growth of the LNG bunkering market. Factor such as to reduce maintenance, improve performance, reliability, safety, and enhance fuel are some of the key factors that are augmenting the growth of the LNG bunkering market. Increasing laws by international maritime organization (IMO) and government are focusing on encouraging the use of LNG as a bunker fuel is expected to drive the growth of the LNG bunkering market.

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Table of Content:

1.INTRODUCTION

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.LNG BUNKERING MARKET LANDSCAPE

5.LNG BUNKERING MARKET - KEY MARKET DYNAMICS

6.LNG BUNKERING MARKET - GLOBAL MARKET ANALYSIS

7.LNG BUNKERING MARKET - REVENUE AND FORECASTS TO 2027 - END-USER

8.LNG BUNKERING MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS

9.INDUSTRY LANDSCAPE

10.LNG BUNKERING MARKET, KEY COMPANY PROFILES

10.1. EAGLE LNG

10.1.1. Key Facts

10.1.2. Business Description

10.1.3. Products and Services

10.1.4. Financial Overview

10.1.5. SWOT Analysis

10.1.6. Key Developments

10.2. ENGIE

10.2.1. Key Facts

10.2.2. Business Description

10.2.3. Products and Services

10.2.4. Financial Overview

10.2.5. SWOT Analysis

10.2.6. Key Developments

10.3. EVOL LNG

10.3.1. Key Facts

10.3.2. Business Description

10.3.3. Products and Services

10.3.4. Financial Overview

10.3.5. SWOT Analysis

10.3.6. Key Developments

10.4. GAZPROM NEFT PJSC

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