LNG Bunkering Market 2018-2023 Global Market Size, Share, Trends, Demand Analysis, Key Manufacturers and Forecast Research Report
The Global LNG Bunkering Market 2018 Industry Research Report provide the details about Industry Overview and analysis about Manufacturing Cost Structure, Revenue, Gross Margin, Consumption Value and Sale Price, Major Manufacturers, Distributors with Development Trends and Forecasts 2023.
July 5, 2018 /MarketersMedia/ —
The worldwide market for LNG Bunkering is expected to grow at a CAGR of roughly 65.2% over the next five years, will reach 24400 million US$ in 2023, from 1200 million US$ in 2017, according to a new study.
The LNG Bunkering Industry report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The LNG Bunkering industry analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
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Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage or transport.
LNG is an attractive fuel choice for many vessels because it exceeds the air quality standards set forth. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia.
The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensed into a liquid at close to atmospheric pressure by cooling it to approximately 162 C (260 F); maximum transport pressure is set at around 25 KPa (4 psi).
LNG Bunkering is a particular type of operation where LNG fuel is transferred from a given distribution source to a LNG fuelled ship. It involves the participation of different stakeholders, from the ship-side, LNG supplier, ports, safety personnel, administrations and policy makers. In this report, LNG bunkering only refers to LNG bunkering fuel.
The International Maritime Organization has established regulations on the fuel sulphur content of ship fuels and set mandatory NOx emission limits for new-build engines. These regulations are implemented through the IMO’s International Convention for the Prevention of Pollution from Ships (MARPOL). In addition to these engine and fuel requirements, certain areas have also been designated as emission control areas where stricter emissions limits are enforced. Besides air quality measures the IMO is also introducing instruments to monitor and reduce GHG emissions from shipping.
The US EPA has implemented MARPOL Annex VI in its national legislation NOx and sulphur emission control areas The US EPA has also introduced a Ports Initiative to look at protecting human health, addressing climate change and supporting economic growth. The state of California has also adopted several state-specific regulations. The Clean Fuel Regulation for Ocean Going Vessels regulates the fuel sulphur content of ship fuels used by vessels within 24 nautical miles of the California coast. The At-Berth Regulation requires vessels to plug into shore power or use alternative controls to meet emission reduction requirements.
Complete report on LNG Bunkering Industry spread across 134 pages, profiling 11 companies and supported with tables and figures. Inquire for more at – https://www.orianresearch.com/enquiry-before-buying/568145 .
The Manufacturers Analyzed in Global LNG Bunkering Market are –
• Skangas
• Shell (Gasnor)
• Statoil
• Barents Naturgass
• Engie
• Bomin and Linde
• Eni Norge
• Harvey Gulf
• Polskie LNG
• Korea Gas Corp
• Gaz Metro
• ……
Market Segment by Regions, regional analysis covers
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
• Truck-to-Ship
• Ship-to-Ship
• Port-to-Ship
• Others
Market Segment by Applications, can be divided into
• Container Vessels
• Tanker Vessels
• Bulk & General Cargo Vessels
• Ferries & OSV
• Others
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Major Points Covered in Table of Contents:
1 Market Overview
2 Manufacturers Profiles
3 Global LNG Bunkering Market Competition, by Manufacturer
4 Global LNG Bunkering Market Analysis by Regions
5 North America LNG Bunkering by Countries, Type, Application and Manufacturers
6 Europe LNG Bunkering by Countries, Type, Application and Manufacturers
7 Asia-Pacific LNG Bunkering by Countries, Type, Application and Manufacturers
8 South America LNG Bunkering by Countries, Type, Application and Manufacturers
9 Middle East and Africa LNG Bunkering by Countries, Type, Application and Manufacturers
10 Global LNG Bunkering Market Segment by Type
11 Global LNG Bunkering Market Segment by Application
12 LNG Bunkering Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
Author List
Disclosure Section
Research Methodology
Data Source
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