Global LNG Bunkering Market was valued US$ 370.80 Mn in 2017 and is expected to reach US$ 15800.30 Mn by 2026, at a CAGR of 58.85 % during a forecast period
LNG bunkering is the practice of providing liquefied natural gas to a ship for its own consumption. LNG is a cleaner fuel than conventional marine fuels, such as heavy fuel oil, marine diesel fuel, and marine gas fuels. The main advantage of LNG as a fuel is the vast reduction in pollutant caused by the more traditional method of fueling ships such as heavy fuel oil, marine diesel fuel (MDO) and marine gas oil (MGO). Standards and regulations for LNG bunkering exist and are being developed by organizations such as SIGTTO (Society of International Gas Tankers and Terminal Operators), OCIMF (Oil Companies International Marine Forum), and IMO (International Maritime Organization), etc.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Stringent government laws to reduce airborne marine emissions that include pollutants such as sulfur and nitrous oxide along with shifting trends towards clean energy are the major factors driving the growth of the LNG bunkering market. In addition, LNG fuel has low sulfur content and needs comparatively less processing to meet the sulfur content limits and hence it will require smaller and less expensive modifications compared to conventional marine fuels. However, higher capital investments and poor bunkering infrastructure are the factors, anticipated to restrain the growth of the LNG bunkering market during the forecast period.
Global LNG bunkering market is segmented by vessel, product type and geography. Based on product type, Global LNG bunkering market is sub segmented into portable tanks, ship-to-ship, port-to-ship, and truck-to-ship. Vessel segment includes tankers, container ships, bulk & general cargo vessels, and ferries & offshore support vessels. Based on region, the Global LNG Bunkering market is segmented by Europe, North America, Asia Pacific, Latin America, and Middle East and Africa.
Ferries and off-shore support vessels segment is expected to hold XX% revenue share in the Global LNG bunkering market. This growth is accredited owing to offshore consideration, sea trade, and manufacture activities happening across the globe.
Ship-to-Ship is estimated to contribute a substantial growth in the Global LNG bunkering market. It is feasible for all types of vessels owing to its feasibility feature. It offers advantages such as transfer operations in ship-to-ship can be done quickly with high capacity of storage which is nearly about 800-7500 tons.
Europe is estimated to dominate growth in the global LNG bunkering market. This growth can be attributed owing to the country Norway is to be considered the major bunking center, as it compromises more than 18,000 LNG bunk stations.
Increasing uncertainties for limiting the natural effect and growing ventures towards restructuring and apprising LNG foundation are foretold to additionally support the expansion of LNG bunkering market in Europe. Furthermore, North America is projected to reach at high rate of CAGR in the Global LNG bunkering market owing to ongoing shale production and its development with stringent emission rules.
Some of the major key players in the Global LNG Bunkering market includes ENN Energy, Prima LNG, Bomin Linde LNG GmbH & Co KG ,Harvey Gulf International Marine LLC, Fjord Line, Skangas, Korea Gas Corporation ,Polskie LNG, Royal Dutch Shell Plc.,and Crowley Maritime Corporation, Gasnor AS, Gazpromneft Marine Bunker LLC, GDF SUEZ SA and EVOL LNG.
The objective of the report is to present a comprehensive analysis of the Global LNG Bunkering Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global LNG Bunkering Market dynamics, structure by analyzing the market segments and project the Global LNG Bunkering Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global LNG Bunkering Market make the report investor’s guide
Scope of the report for Global LNG Bunkering Market
Global LNG Bunkering Market, By Vessel
• Tankers
• Container Ships
• Bulk & General Cargo Vessels
• Ferries & Offshore Support Vessels Ceramics
Global LNG Bunkering Market, By Product Type
• Port-to-Ship
• Truck-to-Ship
• Portable Tanks
• Ship-to-Ship
Global LNG Bunkering Market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players in Global LNG Bunkering Market
• ENN Energy
• Prima LNG
• Bomin Linde LNG GmbH & Co KG
• Harvey Gulf International Marine LLC
• Fjord Line
• Skangas
• Korea Gas Corporation
• Polskie LNG
• Royal Dutch Shell Plc.
• Crowley Maritime Corporation
• Gasnor AS
• Gazpromneft Marine Bunker LLC
• GDF SUEZ SA
• EVOL LNG
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology
3. Executive Summary
3.1. Global LNG Bunkering Market Size, by Market Value (US$ Mn) and Market, by Region
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.3.4. Porter’s Analysis
4.3.5. Value Chain Analysis
4.3.6. SWOT Analysis
5. Global LNG Bunkering Market Analysis and Forecast
5.1. Global LNG Bunkering Market Analysis and Forecast
5.2. Global LNG Bunkering Market Size& Y-o-Y Growth Analysis
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. Latin America
6. Global LNG Bunkering Market Analysis and Forecast, by Product type
6.1. Introduction and Definition
6.2. Key Findings
6.3. Global LNG Bunkering Market Value Share Analysis, by Product type
6.4. Market Size (US$ Mn) Forecast, by Product type
6.5. Global LNG Bunkering Market Analysis, by Product type
6.6. LNG Bunkering Market Attractiveness Analysis, by Product type
7. Global LNG Bunkering Market Analysis and Forecast, by Vessel
7.1. Introduction and Definition
7.2. Global LNG Bunkering Market Value Share Analysis, by Vessel
7.3. Market Size (US$ Mn) Forecast, by Vessel
7.4. Global LNG Bunkering Market Analysis, by Vessel
7.5. Global LNG Bunkering Market Attractiveness Analysis, by Vessel
8. Global LNG Bunkering Market Analysis, by Region
8.1. Global LNG Bunkering Market Value Share Analysis, by Region
8.2. Market Size (US$ Mn) Forecast, by Region
8.3. Global LNG Bunkering Market Attractiveness Analysis, by Region
9. North America LNG Bunkering Market Analysis
9.1. Key Findings
9.2. North America LNG Bunkering Market Overview
9.3. North America LNG Bunkering Market Value Share Analysis, by Product type
9.4. North America LNG Bunkering Market Forecast, by Product type
9.4.1. Port-to-Ship
9.4.2. Truck-to-Ship
9.4.3. Portable Tanks
9.4.4. Others
9.5. North America LNG Bunkering Market Value Share Analysis, by Vessel
9.6. North America LNG Bunkering Market Forecast, by Vessel
9.6.1. Tankers
9.6.2. Container Ships
9.6.3. Bulk & General Cargo Vessels
9.6.4. Ferries & Offshore Support Vessels Ceramics
9.7. North America LNG Bunkering Market Value Share Analysis, by Country
9.8. North America LNG Bunkering Market Forecast, by Country
9.8.1.1. U.S
9.8.1.2. Canada
9.9. North America LNG Bunkering Market Analysis, by Country
9.10. U.S. LNG Bunkering Market Forecast, by Product type
9.10.1. Port-to-Ship
9.10.2. Truck-to-Ship
9.10.3. Portable Tanks
9.10.4. Others
9.11. U.S. LNG Bunkering Market Forecast, by Vessel
9.11.1. Tankers
9.11.2. Container Ships
9.11.3. Bulk & General Cargo Vessels
9.11.4. Ferries & Offshore Support Vessels Ceramics
9.12. Canada LNG Bunkering Market Forecast, by Product type
9.12.1. Port-to-Ship
9.12.2. Truck-to-Ship
9.12.3. Portable Tanks
9.12.4. Others
9.13. Canada LNG Bunkering Market Forecast, by Vessel
9.13.1. Tankers
9.13.2. Container Ships
9.13.3. Bulk & General Cargo Vessels
9.13.4. Ferries & Offshore Support Vessels Ceramics
9.14. North America LNG Bunkering Market Attractiveness Analysis
9.14.1. By Product type
9.14.2. By Vessel
9.15. PEST Analysis
10. Europe LNG Bunkering Market Analysis
10.1. Key Findings
10.2. Europe LNG Bunkering Market Overview
10.3. Europe LNG Bunkering Market Value Share Analysis, by Product type
10.4. Europe LNG Bunkering Market Forecast, by Product type
10.4.1. Port-to-Ship
10.4.2. Truck-to-Ship
10.4.3. Portable Tanks
10.4.4. Others
10.5. Europe LNG Bunkering Market Value Share Analysis, by Vessel
10.6. Europe LNG Bunkering Market Forecast, by Vessel
10.6.1. Tankers
10.6.2. Container Ships
10.6.3. Bulk & General Cargo Vessels
10.6.4. Ferries & Offshore Support Vessels Ceramics
10.7. Europe LNG Bunkering Market Value Share Analysis, by Country
10.8. Europe LNG Bunkering Market Forecast, by Country
10.8.1.1. Germany
10.8.1.2. U.K.
10.8.1.3. France
10.8.1.4. Italy
10.8.1.5. Spain
10.8.1.6. Rest of Europe
10.9. Europe LNG Bunkering Market Analysis, by Country/ Sub-region
10.10. Germany LNG Bunkering Market Forecast, by Product type
10.10.1. Port-to-Ship
10.10.2. Truck-to-Ship
10.10.3. Portable Tanks
10.10.4. Others
10.11. Germany LNG Bunkering Market Forecast, by Vessel
10.11.1. Tankers
10.11.2. Container Ships
10.11.3. Bulk & General Cargo Vessels
10.11.4. Ferries & Offshore Support Vessels Ceramics
10.12. U.K. LNG Bunkering Market Forecast, by Product type
10.12.1. Port-to-Ship
10.12.2. Truck-to-Ship
10.12.3. Portable Tanks
10.12.4. Others
10.13. U.K. LNG Bunkering Market Forecast, by Vessel
10.13.1. Tankers
10.13.2. Container Ships
10.13.3. Bulk & General Cargo Vessels
10.13.4. Ferries & Offshore Support Vessels Ceramics
10.14. France LNG Bunkering Market Forecast, by Product type
10.14.1. Port-to-Ship
10.14.2. Truck-to-Ship
10.14.3. Portable Tanks
10.14.4. Others
10.15. France LNG Bunkering Market Forecast, by Vessel
10.15.1. Tankers
10.15.2. Container Ships
10.15.3. Bulk & General Cargo Vessels
10.15.4. Ferries & Offshore Support Vessels Ceramics
10.16. Italy LNG Bunkering Market Forecast, by Product type
10.16.1. Port-to-Ship
10.16.2. Truck-to-Ship
10.16.3. Portable Tanks
10.16.4. Others
10.17. Italy LNG Bunkering Market Forecast, by Vessel
10.17.1. Tankers
10.17.2. Container Ships
10.17.3. Bulk & General Cargo Vessels
10.17.4. Ferries & Offshore Support Vessels Ceramics
10.18. Spain LNG Bunkering Market Forecast, by Product type
10.18.1. Port-to-Ship
10.18.2. Truck-to-Ship
10.18.3. Portable Tanks
10.18.4. Others
10.19. Spain LNG Bunkering Market Forecast, by Vessel
10.19.1. Tankers
10.19.2. Container Ships
10.19.3. Bulk & General Cargo Vessels
10.19.4. Ferries & Offshore Support Vessels Ceramics
10.20. Rest of Europe LNG Bunkering Market Forecast, by Product type
10.20.1. Port-to-Ship
10.20.2. Truck-to-Ship
10.20.3. Portable Tanks
10.20.4. Others
10.21. Rest of Europe LNG Bunkering Market Forecast, by Vessel
10.21.1. Tankers
10.21.2. Container Ships
10.21.3. Bulk & General Cargo Vessels
10.21.4. Ferries & Offshore Support Vessels Ceramics
10.22. Europe LNG Bunkering Market Attractiveness Analysis
10.22.1. By Product type
10.22.2. By Vessel
10.23. PEST Analysis
11. Asia Pacific LNG Bunkering Market Analysis
11.1. Key Findings
11.2. Asia Pacific LNG Bunkering Market Overview
11.3. Asia Pacific LNG Bunkering Market Value Share Analysis, by Product type
11.4. Asia Pacific LNG Bunkering Market Forecast, by Product type
11.4.1. Port-to-Ship
11.4.2. Truck-to-Ship
11.4.3. Portable Tanks
11.4.4. Others
11.5. Asia Pacific LNG Bunkering Market Value Share Analysis, by Vessel
11.6. Asia Pacific LNG Bunkering Market Forecast, by Vessel
11.6.1. Tankers
11.6.2. Container Ships
11.6.3. Bulk & General Cargo Vessels
11.6.4. Ferries & Offshore Support Vessels Ceramics
11.7. Asia Pacific LNG Bunkering Market Value Share Analysis, by Country
11.8. Asia Pacific LNG Bunkering Market Forecast, by Country
11.8.1. China
11.8.2. India
11.8.3. Japan
11.8.4. ASEAN
11.8.5. Rest of Asia Pacific
11.9. Asia Pacific LNG Bunkering Market Analysis, by Country/ Sub-region
11.10. China LNG Bunkering Market Forecast, by Product type
11.10.1. Port-to-Ship
11.10.2. Truck-to-Ship
11.10.3. Portable Tanks
11.10.4. Others
11.11. China LNG Bunkering Market Forecast, by Vessel
11.11.1. Tankers
11.11.2. Container Ships
11.11.3. Bulk & General Cargo Vessels
11.11.4. Ferries & Offshore Support Vessels Ceramics
11.12. India LNG Bunkering Market Forecast, by Product type
11.12.1. Port-to-Ship
11.12.2. Truck-to-Ship
11.12.3. Portable Tanks
11.12.4. Others
11.13. India LNG Bunkering Market Forecast, by Vessel
11.13.1. Tankers
11.13.2. Container Ships
11.13.3. Bulk & General Cargo Vessels
11.13.4. Ferries & Offshore Support Vessels Ceramics
11.14. Japan LNG Bunkering Market Forecast, by Product type
11.14.1. Port-to-Ship
11.14.2. Truck-to-Ship
11.14.3. Portable Tanks
11.14.4. Others
11.15. Japan LNG Bunkering Market Forecast, by Vessel
11.15.1. Tankers
11.15.2. Container Ships
11.15.3. Bulk & General Cargo Vessels
11.15.4. Ferries & Offshore Support Vessels Ceramics
11.16. ASEAN LNG Bunkering Market Forecast, by Product type
11.16.1. Port-to-Ship
11.16.2. Truck-to-Ship
11.16.3. Portable Tanks
11.16.4. Others
11.17. ASEAN LNG Bunkering Market Forecast, by Vessel
11.17.1. Tankers
11.17.2. Container Ships
11.17.3. Bulk & General Cargo Vessels
11.17.4. Ferries & Offshore Support Vessels Ceramics
11.18. Rest of Asia Pacific LNG Bunkering Market Forecast, by Product type
11.18.1. Port-to-Ship
11.18.2. Truck-to-Ship
11.18.3. Portable Tanks
11.18.4. Others
11.19. Rest of Asia Pacific LNG Bunkering Market Forecast, by Vessel
11.19.1. Tankers
11.19.2. Container Ships
11.19.3. Bulk & General Cargo Vessels
11.19.4. Ferries & Offshore Support Vessels Ceramics
11.20. Asia Pacific LNG Bunkering Market Attractiveness Analysis
11.20.1. By Product type
11.20.2. By Vessel
11.21. PEST Analysis
12. Middle East & Africa LNG Bunkering Market Analysis
12.1. Key Findings
12.2. Middle East & Africa LNG Bunkering Market Overview
12.3. Middle East & Africa LNG Bunkering Market Value Share Analysis, by Product type
12.4. Middle East & Africa LNG Bunkering Market Forecast, by Product type
12.4.1. Port-to-Ship
12.4.2. Truck-to-Ship
12.4.3. Portable Tanks
12.4.4. Others
12.5. Middle East & Africa LNG Bunkering Market Value Share Analysis, by Vessel
12.6. Middle East & Africa LNG Bunkering Market Forecast, by Vessel
12.6.1. Tankers
12.6.2. Container Ships
12.6.3. Bulk & General Cargo Vessels
12.6.4. Ferries & Offshore Support Vessels Ceramics
12.7. Middle East & Africa LNG Bunkering Market Value Share Analysis, by Country
12.8. Middle East & Africa LNG Bunkering Market Forecast, by Country
12.8.1. GCC
12.8.2. South Africa
12.8.3. Rest of Middle East & Africa
12.9. Middle East & Africa LNG Bunkering Market Analysis, by Country/ Sub-region
12.10. GCC LNG Bunkering Market Forecast, by Product type
12.10.1. Port-to-Ship
12.10.2. Truck-to-Ship
12.10.3. Portable Tanks
12.10.4. Others
12.11. GCC LNG Bunkering Market Forecast, by Vessel
12.11.1. Tankers
12.11.2. Container Ships
12.11.3. Bulk & General Cargo Vessels
12.11.4. Ferries & Offshore Support Vessels Ceramics
12.12. South Africa LNG Bunkering Market Forecast, by Product type
12.12.1. Port-to-Ship
12.12.2. Truck-to-Ship
12.12.3. Portable Tanks
12.12.4. Others
12.13. South Africa LNG Bunkering Market Forecast, by Vessel
12.13.1. Tankers
12.13.2. Container Ships
12.13.3. Bulk & General Cargo Vessels
12.13.4. Ferries & Offshore Support Vessels Ceramics
12.14. Rest of Middle East & Africa LNG Bunkering Market Forecast, by Product type
12.14.1. Port-to-Ship
12.14.2. Truck-to-Ship
12.14.3. Portable Tanks
12.14.4. Others
12.15. Rest of Middle East & Africa LNG Bunkering Market Forecast, by Vessel
12.15.1. Tankers
12.15.2. Container Ships
12.15.3. Bulk & General Cargo Vessels
12.15.4. Ferries & Offshore Support Vessels Ceramics
12.16. Middle East & Africa LNG Bunkering Market Attractiveness Analysis
12.16.1. By Product type
12.16.2. By Vessel
12.17. PEST Analysis
13. Latin America LNG Bunkering Market Analysis
13.1. Key Findings
13.2. Latin America LNG Bunkering Market Overview
13.3. Latin America LNG Bunkering Market Value Share Analysis, by Product type
13.4. Latin America LNG Bunkering Market Forecast, by Product type
13.4.1. Port-to-Ship
13.4.2. Truck-to-Ship
13.4.3. Portable Tanks
13.4.4. Others
13.5. Latin America LNG Bunkering Market Value Share Analysis, by Vessel
13.6. Latin America LNG Bunkering Market Forecast, by Vessel
13.6.1. Tankers
13.6.2. Container Ships
13.6.3. Bulk & General Cargo Vessels
13.6.4. Ferries & Offshore Support Vessels Ceramics
13.7. Latin America LNG Bunkering Market Value Share Analysis, by Country
13.8. Latin America LNG Bunkering Market Forecast, by Country
13.8.1.1. Brazil
13.8.1.2. Mexico
13.8.1.3. Rest of Latin America
13.9. Latin America LNG Bunkering Market Analysis, by Country/ Sub-region
13.10. Brazil LNG Bunkering Market Forecast, by Product type
13.10.1. Port-to-Ship
13.10.2. Truck-to-Ship
13.10.3. Portable Tanks
13.10.4. Others
13.11. Brazil LNG Bunkering Market Forecast, by Vessel
13.11.1. Tankers
13.11.2. Container Ships
13.11.3. Bulk & General Cargo Vessels
13.11.4. Ferries & Offshore Support Vessels Ceramics
13.12. Mexico LNG Bunkering Market Forecast, by Product type
13.12.1. Port-to-Ship
13.12.2. Truck-to-Ship
13.12.3. Portable Tanks
13.12.4. Others
13.13. Mexico LNG Bunkering Market Forecast, by Vessel
13.13.1. Tankers
13.13.2. Container Ships
13.13.3. Bulk & General Cargo Vessels
13.13.4. Ferries & Offshore Support Vessels Ceramics
13.14. Rest of Latin America LNG Bunkering Market Forecast, by Product type
13.14.1. Port-to-Ship
13.14.2. Truck-to-Ship
13.14.3. Portable Tanks
13.14.4. Others
13.15. Rest of Latin America LNG Bunkering Market Forecast, by Vessel
13.15.1. Tankers
13.15.2. Container Ships
13.15.3. Bulk & General Cargo Vessels
13.15.4. Ferries & Offshore Support Vessels Ceramics
13.16. Latin America LNG Bunkering Market Attractiveness Analysis
13.16.1. By Product type
13.16.2. By Vessel
13.17. PEST Analysis
14. Company Profiles
14.1. Market Share Analysis, by Company
14.2. Competition Matrix
14.3. Company Profiles: Key Players
14.3.1. ENN Energy
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Business Strategy
14.3.1.4. Recent Developments
14.3.1.5. Manufacturing Footprint
14.3.2. Prima LNG
14.3.3. Bomin Linde LNG GmbH & Co KG
14.3.4. Harvey Gulf International Marine LLC
14.3.5. Fjord Line
14.3.6. Skangas
14.3.7. Korea Gas Corporation
14.3.8. Polskie LNG
14.3.9. Royal Dutch Shell Plc.
14.3.10. Crowley Maritime Corporation
14.3.11. Gasnor AS
14.3.12. Gazpromneft Marine Bunker LLC
14.3.13. GDF SUEZ SA
14.3.14. EVOL LNG
15. Primary Key Insights
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