Lng Bunkering Market Overview 2014 - 2025

Transparency Market

Research

LNG Bunkering Market : Global Industry Analysis, Size, Share, Growth,

Trends, and Forecast, 2014 - 2025

Published Date

2015-01-19

93 Page Report

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Press Release

Global LNG Bunker Fuel Consumption and Market Revenue is

estimated to reach 22,540 kilo tons and USD 11,775.4 million by

2025

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LNG Bunkering Market

REPORT DESCRIPTION

Transparency Market Research has released a new market report titled LNG Bunkering Market: Global Industry Analysis,

Size, Share, Growth, Trends, and Forecast 2014 - 2025. According to the report, the global consumption of bunker fuel

stood at 70 kilo tons in 2013 and is expected to reach 22,540 kilo tons in 2025 at a CAGR of 63.6% from 2014 to 2025.

Browse: LNG Bunker Fuel Market Report at :

http://www.transparencymarketresearch.com/lng-bunker-fuel-market.html

LNG is an attractive bunker fuel option for many shipping companies operating in the Emission Control Areas (ECAs). The

price of LNG bunker fuel is significantly lower than any other ECA complaint fuels available in North America and Europe.

However, the development of LNG bunkering infrastructure is restricted to a few countries in Northern Europe such as

Norway and Sweden. LNG bunkering infrastructure has only developed in ports around the Baltic Sea, North Sea, and

English Channel, as shipping companies operating in these areas face stiff sulfur regulations. An anticipated tightening of

sulfur emission norms and a widening gap between natural gas prices and other conventional fuels are major drivers for

the development of LNG bunkering infrastructure in these regions. Natural gas providers are gradually expected to

increase investments in LNG bunkering facilities as several ship owners have taken...