Usage of liquefied natural gas (LNG) as a ship fuel reduces sulfur oxide (SOx) emissions by 90% to 95% compared to conventional petroleum fuels. Due to strict sulfur emission mandates in place executed via Annexure VI of the International Maritime Organization (IMO), an increasing number of shipping companies and vessel operators are switching to LNG as a bunker fuel.
Usage of liquefied natural gas (LNG) as a ship fuel reduces sulfur oxide (SOx) emissions by 90% to 95% compared to conventional petroleum fuels. Due to strict sulfur emission mandates in place executed via Annexure VI of the International Maritime Organization (IMO), an increasing number of shipping companies and vessel operators are switching to LNG as a bunker fuel.
Usage of liquefied natural gas (LNG) as a ship fuel reduces sulfur oxide (SOx) emissions by 90% to 95% compared to conventional petroleum fuels. Due to strict sulfur emission mandates in place executed via Annexure VI of the International Maritime Organization (IMO), an increasing number of shipping companies and vessel operators are switching to LNG as a bunker fuel.
The globalLNG Bunkering market was valued at $XX million in 2017, and MAResearch analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2017 and 2028.
This report provides detailed historical analysis of global market for LNG Bunkering from 2013-2018, and provides extensive market forecasts from 2018-2028 by ... Read more
On a global scale, the LNG Bunkering market is currently showing significant development. The LNG Bunkering market is experiencing a growth velocity due to the new product prototype versions, world market dynamics, topological variations, economic statistics, product demands and sales that is taking place in the present ... Read more
LNG Bunkering Market Industry Research Report focuses Market Size, Share, Growth and Forecast to 2024. This marketing research Report based upon factors on which the businesses compete within the market and this factor which is beneficial and valuable to the business. This report was published stating that the worldwide LNG Bunkering ... Read more
The global LNG Bunkering Market is estimated to be valued at US$592.84 million in 2021 and is expected to reach growth with a remarkable CAGR of 35.26% during the forecast period 2022-2030. With an increasing focus on reducing emissions and promoting sustainable energy solutions, LNG bunkering has emerged as a viable alternative to traditional marine fuels. LNG bunkering refers to the transfer of liquefied natural gas (LNG) to a ship ... Read more