Global LNG Bunkering Market: Emerging Trends, Major Key Players Crowley Maritime Corporation, Gasum, Harvey Gulf International Marine and Klaw LNG

According to the report, The global LNG Bunkering market size was valued at $358.18 Million in 2020 and is expected to reach $7156.42 Million by 2028 growing at the CAGR of 45.2% from 2021 to 2028. The major driver for the LNG Bunkering market is the increasing demand for bunkering LNG due to the installation of bunkering facilities at gas and oil terminals and shipping companies across the globe. The LNG bunkering industry has witnessed considerable growth over the years, owing to benefits associated with it such as higher efficiency, easy availability of LNG, low incidents of air pollution, and quick installation time.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global LNG BUNKERING MARKET industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the LNG Bunkering Market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major LNG Bunkering Market players holding highest market share include Crowley Maritime Corporation, Gasum, Harvey Gulf International Marine and Klaw LNG. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Crowley Maritime Corporation
• Gasum
• Harvey Gulf International Marine
• Klaw LNG
• Korea Gas Corporation
• Polskie LNG
• Royal Dutch Shell
• SHV Energy
• PETRONAS
• Broadview Energy Solutions

Segmental Analysis

Market Segment By Product Type with focus on market share, consumption trend, and growth rate of LNG BUNKERING MARKET:
• Truck-to-Ship
• Port-to-Ship
• Ship-to-Ship
• Portable Tanks
• Others

Market Segment By Application with focus on market share, consumption trend, and growth rate of LNG BUNKERING MARKET:
● Container Fleet
● Tanker Fleet
● Cargo Fleet
● Ferries
● Inland Vessels
● Others

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Global LNG Bunkering Market Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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