openPR Logo
Press release

Singapore Bunker Fuel Market Size, Status, Demand and Precise Outlook 2021- Petrochina International, Sentek Marine & Trading Pte Ltd, Ocean Bunkering Services

11-23-2021 12:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Insights Reports

The Singapore Bunker Fuel Market report provides the overall structure and business outlook of the Singapore and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a Singapore and local scale. The structured analysis contains graphical as well as a diagrammatic representation of the Singapore Bunker Fuel Market with its specific geographical regions.

Click the link to get a Free Sample Copy of the Report @:

https://www.marketinsightsreports.com/reports/10192353454/singapore-bunker-fuel-market-growth-trends-and-forecasts-2020-2025/inquiry?Mode=21

“The Singapore bunker fuel market is expected to grow at a CAGR of more than 14% during 2020 - 2025.”

Top leading Companies Profiled in Bunker Fuel Market Report are Petrochina International, Sentek Marine & Trading Pte Ltd, Ocean Bunkering Services, Equatorial Marine Fuel Management Services, Shell Eastern Trading (Pte) Ltd, Total Marine Fuels Pte Ltd.

Latest Update and Developments

October 25, 2021 S&P Global Platts Launches First Global Suite Of Methanol Bunker Fuel Price Assessments- S&P Global Platts ("Platts"), the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, today announced the launch of two new daily methanol bunker fuel price assessments reflecting the value of methanol delivered to ships for marine fuel at the ports of Singapore and Houston, effective.

Platts launches Mumbai bunker fuel assessments- Bunker fuel sales are bound to rise, and with it, the need for a strong domestic pricing benchmark.

Market Overview

The bunker fuel market in the country is mainly driven by the ever-rising marine transportation of essential commodities, implementation of the stricter environmental regulations driving the demand for cleaner bunker fuels, and the increase in the use of support vessels for offshore oil and gas developments. However, the outbreak of the COVID-19 leading to the global economic slowdown and drop in maritime imports and exports are likely to restrain the growth of the Singapore bunker fuel market in the coming years.

The Very Low Sulfur Fuel Oil (VLSFO) is expected to witness significant growth in the market during the forecast period, owing to factors like the IMO 2020 Regulations that came into effect from January 1st, 2020.

- Developing sea trade routes and rising international maritime trade may offer tremendous opportunities for marine fuel suppliers in the region.

- Singapore is likely to witness a surge in the bunker fuel market owing to IMO 2020 Regulations and recovery in maritime trade. According to the Maritime and Port Authority, Singapores bunker fuel sales rose 7.51% and reached 4.51 million mt in January 2020. In March 2020, total sales came to 4.33 million mt due to shock in the bunker industry as Singapore witness some of the massive impact of COVID-19 on shipping.

- Moreover, crude prices also collapsed, which promote many shipowners to buy more bunker fuel for storage purposes. Also, the demand for marine gasoline increase as some shipowners were buying marine gasoline because there were no barge avails for low sulfur fuel oil because of high demand.

Segment by Type, the Bunker Fuel market is segmented into
Distillate Fuel Oil
Residual Fuel Oil
LNG

Segment by Application, the Bunker Fuel market is segmented into
Tanker Vessels
Container Vessels
Bulk Vessels
General Cargo Vessels
Other

SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

Get Benefited discount at:

https://www.marketinsightsreports.com/reports/10192353454/singapore-bunker-fuel-market-growth-trends-and-forecasts-2020-2025/discount?Mode=21

Key Takeaways from Bunker Fuel Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Bunker Fuel market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Bunker Fuel market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries Singaporely for the Bunker Fuel

Purchase this report at

https://www.marketinsightsreports.com/report/purchase/10192353454?mode=su?Mode=S21

In conclusion, the Bunker Fuel market report present the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Bunker Fuel Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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 Singapore Bunker Fuel Market Size, Status, Demand and Precise Outlook 2021- Petrochina International, Sentek Marine & Trading Pte Ltd, Ocean Bunkering Services here

News-ID: 2471600 • Views: 255

More Releases from Market Insights Reports

UV-Vis Spectrometer Market 2022 Exclusive Manufacturers – Agilent Technologies …
The Global UV-Vis Spectrometer Market Report Forecast 2022 - 2028 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). Further, the report also takes into account the impact of the novel COVID-19 pandemic on the UV-Vis Spectrometer market and offers a clear assessment of the projected market fluctuations during the forecast
Semitrailer (Semi-Trailer) Market Analysis by Recent Developments, Demand and Fu …
The Global Semitrailer (Semi-Trailer) Market Report Forecast 2022 - 2028 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). Further, the report also takes into account the impact of the novel COVID-19 pandemic on the Semitrailer (Semi-Trailer) market and offers a clear assessment of the projected market fluctuations during the forecast
Aluminum Nitride Ceramic Substrates Market 2022 Status and Outlook- Maruwa, Roge …
Aluminum Nitride Ceramic Substrates Market Report 2022: New Business Ideas and Perceptions Global Aluminum Nitride Ceramic Substrates Market 2022 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Aluminum Nitride Ceramic Substrates market size, demand and revenue. The current Aluminum Nitride Ceramic Substrates market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates
All-in-One Medical Panel PC Market 2022 Competitive Analysis- Cybernet, Micromax …
All-in-One Medical Panel PC Market Report 2022: New Business Ideas and Perceptions Global All-in-One Medical Panel PC Market 2022 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, All-in-One Medical Panel PC market size, demand and revenue. The current All-in-One Medical Panel PC market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates

All 5 Releases


More Releases for Fuel

Hydrogen as a fuel
An open road ahead for the fuel cell: The first high-precision mass flow meter for hydrogen filling stations certified to international standard OIML R 139 2018 On the road to climate-friendlier mobility, hydrogen is gaining importance as an energy source for fuel cells. However, fueling of hydrogen is more complex than fueling of gasoline and diesel. Unlike other gases, hydrogen heats up as it expands, causing pressure and temperature changes during
Fuel Cell Vehicle Market
The report aims to provide an overview of the global Fuel Cell Vehicle Market with detailed market segmentation by technology, vehicle type, and geography. The global fuel cell vehicle market is expected to witness high growth during the forecast period. The fuel cell vehicle market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market. Get Sample Copy of
Fuel Card Market 2022
Fuel cards also known as fleet cards are being used to make payments for fuels, maintenance and repair of vehicles. These cards are mostly used by businesses managing fleet of vehicles. Fuel card market is witnessing lot of partnerships as many fuel companies are offering their own branded fuel cards. Fuel card issuers are also focusing on telematics, enabling the fleets to save on fuel. Wireless fueling is an emerging
Fuel Cell Interconnectors Market By Product Type Ceramic based, Metal based; By …
Global Fuel Cell Interconnectors Market Introduction A fuel cell is a battery that generates electricity through an electrochemical reaction where the fuel cell interconnector is a layer made up of either ceramic or metallic material, which combines the electricity generated by each individual cell. Fuel cell interconnectors are placed between each individual cell to connect the cells in the series. Ceramic fuel cell interconnectors are more suitable for high-temperature working conditions
Global Fuel Catalysts Market 2017- Rentar, FUEL CAT, Organica Biotech
Apex Market Reports, recently published a detailed market research study focused on the "Fuel Catalysts Market" across the global, regional and country level. The report provides 360° analysis of "Fuel Catalysts Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Fuel Catalysts industry, and estimates the future trend of Fuel Catalysts market
Fuel Cards in Portugal 2016
"Fuel Cards in Portugal 2016" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- ** Summary Fuel Cards in Portugal 2016 is invaluable for issuers of fleet cards, fuel retailers, fleet leasing companies and other suppliers to the sector. Based on research with issuers and fuel retailers it provides commercial (B2B) fuel card volume (split by fleet and CRT), value and market share forecasts to