LNG Bunkering Market, by Product Type (Portable Tanks, Ship-to-Ship, Port-to-Ship, Truck-to-Ship) by Vessel Type (Ferries, Cruise-ships, Bulk and General Cargo Fleet, Offshore Support Vessels, Tanker Fleet, Container Fleet, Others), and by Region (North A

LNG Bunkering Market, by Product Type (Portable Tanks, Ship-to-Ship, Port-to-Ship, Truck-to-Ship) by Vessel Type (Ferries, Cruise-ships, Bulk and General Cargo Fleet, Offshore Support Vessels, Tanker Fleet, Container Fleet, Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Bunkering is a process of refueling the marine vessels, using pipelines that are connected to the terminal or a direct transfer of fuel from ships or trucks. Ease in transportation and storage of Liquefied Natural Gas (LNG) is expected to be a factor for increasing adoption of LNG bunkering. Its relatively low density and high heating value results in reduction of emission of harmful greenhouse gas.

Market Dynamics

LNG bunkering market is expected to exhibit significant growth over the forecast period (2022-2030). This is attributed to increasing number of vessels and ships using LNG, as it is a clean fuel. Governmental and non-governmental bodies are implementing stringent regulations on emission of harmful gases. For instance, The America Bureau of Shipping (ABS), incorporated a framework of risk assessment considering LNG leakage during bunkering, which includes, leaks from LNG pipes, pumps, tanks or hoses, inadvertent disconnection of hoses, overfilling vessel fuel tanks and external impact. This creates a conducive environment for growth of the LNG bunkering market. However, lack of infrastructure for fueling LNG across bunkering locations is one of the major factors hindering growth of global LNG bunkering market.

Europe was the largest market for LNG bunkering in 2021, owing to stringent government regulations on emission of harmful and increasing offshore oil and gas exploration and production activities. Europe has the largest number of operational LNG bunkering terminals in the world. Asia Pacific is expected to project the fastest growth in the global LNG bunkering market during the forecast period, owing to the rising demand for energy and growing use of LNG as a marine fuel.

Key features of the study:

• This report provides in-depth analysis of global LNG bunkering market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global LNG bunkering market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
• Key companies covered as a part of this study include Royal Dutch Shell Plc., Skangas, ENN Energy, Korea Gas Corporation, Prima LNG, Harvey Gulf International Marine LLC, Bomin Linde LNG GmbH & Co KG, Fjord Line, Crowley Maritime Corporation, and Polskie LNG.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics.
• The global LNG bunkering market report caters to various stakeholders in this industry including investors, suppliers, LNG bunkering manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global LNG bunkering market

Detailed Segmentation:

• Global LNG Bunkering Market, By Product Type:
• Portable Tanks
• Ship-to-Ship
• Port-to-Ship
• Truck-to-Ship
• Global LNG Bunkering Market, By Vessel Type:
• Ferries
• Cruise-Ships
• Bulk and General Cargo Fleet
• Offshore Support Vessels
• Tanker Fleet
• Container Fleet
• Others
• Global LNG Bunkering Market, By Region:
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Italy
• France
• Spain
• Russia
• Rest of Europe
• Latin America
• Brazil
• Argentina
• Mexico
• Rest of Latin America
• Asia Pacific
• China
• India
• Japan
• ASEAN
• South Korea
• Australia
• Rest of Asia Pacific
• Middle East & Africa
• Middle East
• Africa
• Company Profile
• Royal Dutch Shell Plc.*
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• Skangas
• ENN Energy
• Korea Gas Corporation
• Prima LNG
• Harvey Gulf International Marine LLC
• Bomin Linde LNG GmbH & Co KG
• Fjord Line
• Crowley Maritime Corporation
• Polskie LNG

“*” marked represents similar segmentation in other categories in the respective section