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© 2016 Global Market Insights, Inc. USA. All Rights Reserved LNG Bunkering Market, Regional Outlook & Forecast LNG Bunkering.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved LNG Bunkering Market, Regional Outlook & Forecast LNG Bunkering."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com LNG Bunkering Market, Regional Outlook & Forecast 2017 - 2024 LNG Bunkering Market Size By Product (Truck-to-Ship, Port-to-Ship, Ship-to- Ship, Portable Tanks), By End-Use (Container Vessels, Cruise-ships, Bulk Carriers, Ferries, Offshore Support Vessels), Industry Analysis Report, Regional Outlook, Price Trends, Competitive Market Share & Forecast, 2017-2024

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  LNG Bunkering Market size is set to exceed USD 12 billion by 2024, according to a new research report by Global Market Insights, Inc.  Growing demand for cleaner fuel coupled with strict emission regulations to reduce the airborne emissions predominantly in North America and Europe will stimulate LNG bunkering market.  In 2015, International Maritime Organization (IMO) introduced Tier III norms to curb NOx emissions from marine vessels among Emission Control Areas (ECAs) under maritime boundaries.  U.S. LNG bunkering market is predicted to exceed 3,000 kilotons by 2024 owing to the advent of shale gas.  Increasing liquefaction plants has spurred the production of liquefied natural gas in the U.S. enabling its adoption as marine fuel. Strict government norms against emissions will further complement the business landscape. Global Market Scenario of LNG Bunkering

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com For Customization as per your requirement please click@ https://www.gminsights.com/roc/708 https://www.gminsights.com/roc/708 U.S. LNG Bunkering Market Size, By Product, 2016 & 2024 (USD Million)

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Ship-to-ship LNG bunkering market is predicted to witness growth over 60% by 2024 owing to its high capacity and quick transfer operations. Ability to allow the movement of cargo and bunkering operation to occur simultaneously will further complement the industry landscape. In 2017, Belgium received the delivery of world’s first purpose built LNG bunker vessel Engie Zeebrugge with a capacity of 5000 cu. meters.  Availability of pipeline on ports along with larger hose to increase the bunkering rate will positively impact port-to-ship market size. Low cost and quick transfer operation will encourage the adoption of truck to ship operations. Products Insights

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  U.S. LNG bunkering market is predicted to exceed 3,000 kilotons by 2024 owing to the advent of shale gas. Increasing liquefaction plants has spurred the production of liquefied natural gas in the U.S. enabling its adoption as marine fuel. Strict government norms against emissions will further complement the business landscape. In 2015, the EPA implemented the MARPOL Annex VI norms with an aim to limit NOx in marine fuel oil to 0.5% from current levels.  Key players in LNG bunkering market are Skangas, Gasum, Royal Dutch Shell, Korea Gas Corporation, Evol, Harvey Gulf, Crowley Maritime, Engie, Bomin Linde, Polskie, Swedegas, ENN Energy, Prima LNG, Enagas and Fjord Line. Regional and Competitive Insights

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report @ http://bit.ly/2ugGdkb Request for Sample of this Research Report @ http://bit.ly/2t8cD1I For Customization as per your requirement please click@ http://bit.ly/2uBRzii

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