LNG Bunkering Market, by Product Type, Vessel Type, and Geography - Trends, and Forecast, 2022 - 2028

LNG Bunkering Market, by Product Type, Vessel Type, and Geography - Trends, and Forecast, 2022 - 2028

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 (2017–2025). 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 2016, owing to stringent government regulations on emission of harmful and increasing offshore oil and gas exploration and production activities. 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 the LNG bunkering market, market size (US$ Mn), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year..
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
It profiles leading players in the global LNG bunkering market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
The global LNG bunkering market report caters to various stakeholders in this industry, including investors, product developers, distributors, LNG bunkering companies, research institutes, new entrants, and financial analysts.
Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the 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 Geography:

North America

U.S.

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

Canada

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

Europe

U.K.

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

Germany

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

Italy

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

France

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

Spain

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

Russia

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

Rest of Europe

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

Asia Pacific

China

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

India

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

Japan

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

ASEAN

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

Australia

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

South Korea

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

Rest of Asia Pacific

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

Latin America

Brazil

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

Mexico

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

Argentina

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

Rest of Latin America

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

Africa

North Africa

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

Central Africa

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

South Africa

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

Middle East

GCC

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

Israel

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

Rest of Middle East

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

Company Profiles

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.