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spookysaladchaos · 1 month

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Global Top 3 Companies Accounted for 69% of total LNG Bunkering Vessel market (QYResearch, 2022)

LNG Bunkering is the practice of providing liquefied natural gas fuel to a ship for its own consumption. The key advantage of LNG as a fuel is the vast reduction in pollutant caused by the more traditional method of fueling ships such as heavy fuel oil, marine diesel fuel (MDO) and marine gas oil (MGO). LNG bunkering Vessels are used for refueling LNG-powered vessels at sea

According to the new market research report “Global LNG Bunkering Vessel Market Report 2023-2029”, published by QYResearch, the global LNG Bunkering Vessel market size is projected to reach USD 1.75 billion by 2029, at a CAGR of 30.3% during the forecast period.

Figure. Global LNG Bunkering Vessel Market Size (US$ Million), 2018-2029

Above data is based on report from QYResearch: Global LNG Bunkering Vessel Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch..

Figure. Global LNG Bunkering Vessel Top 11 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

Above data is based on report from QYResearch: Global LNG Bunkering Vessel Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.

The global key manufacturers of LNG Bunkering Vessel include CIMC, Sembcorp Marine, etc. In 2022, the global top three players had a share approximately 69.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

#report

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theresearchinsightmarket · 2 months

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Bunker Fuel Market Unidentified Segments – The Biggest Opportunity Of 2024

Bunker fuel is the fuel oil delivered to ships of all states that are engaged in international navigation. The international navigation could take place via ocean, on inland lakes & waterways, and in coastal waters. The 2 major bunker fuel classifications within the marine industry are distillates and residual fuel oils. Marine distillates are distributed into marine gas oil (MGO) and marine diesel oil (MDO). MGO is employed in small and extremely rated diesel engines that are prominently found in many sorts of ships. Residual fuel oil, also called heavy fuel oil (HFO), is that the highest viscosity fuel oil.

Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/24825-global-bunker-fuel-market?utm_source=Organic&utm_medium=Vinay

Latest released the research study on Global Bunker Fuel Market, offers a detailed overview of the factors influencing the global business scope. Bunker Fuel Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Bunker Fuel The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are BP PLC (United Kingdom), ExxonMobil (United States), Royal Dutch Shell PLC (Netherlands), LUKOIL (Russia), Sinopec Group (China), Gazprom Neft PJSC (Russia), Chevron Corporation (United States), Neste (Finland), Saudi Arabian Oil Company (Saudi Arabia), Marathon Petroleum Corporation (United States), Valero Energy Corporation (United States) , China Petroleum & Chemical Corp (Sinopec Corporation) (China),

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.

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1-2-3-4-4498-0 · 7 months

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Marine Diesel Innovations: Propelling the Industry Forward

Marine diesels are composed of blends of gasoil and heavy fuel oil and heavily utilized on maritime fields. Marine diesel oils are also termed as distillate marine diesels. Moreover, these are extensively deployed in medium speed and high-speed marine diesel engines. It is also used in the larger, slow speed, and medium speed propulsion engine, which normally burn residual fuel. Those fuels are obtained from catalytic cracking process. Moreover, according to International Maritime Organisation (IMO) and the International Convention for the Prevention of Pollution from Ships (MARPOL) certain regulations limit the emissions of excess sulfur into the air. These regulations have also led countries and organizations establish regulations and laws on MDO use. In addition, due to its lower price compared to more refined fuel, MDO is favored particularly by the shipping industry.

The global marine diesel market has foreseen some huge sack opportunities over the past few years. Moreover, the International Maritime Organizations regulate the usage of sulfur cap of 0.50% m/m (mass/mass) in 2020 for marine fuels, and increase in ocean-borne trade, especially in ton-km travelled. These factors boost the growth of the market. However, obsolete vessels are replaced by more competent boats, which in turn is expected to drive the market. In addition, the developing marine logistics business, cost efficient LNG products, coupled with imposition of environmental regulations on chemical emissions are other factors that fuel the market. These effective improvements are anticipated to balance the increments in trade to some extent. However, the current decline in the oil prices and the subsequent slowdown in the oil and gas industry is expected to restrict the market.

The report segments the market on the basis of end-user, distribution channel, application, and geography. Based on end user, the market is divided as container, bulk carrier, oil tanker, general cargo, chemical tanker, fishing, and gas tanker. Based on distribution channel, the market is classified as oil majors, large independent, small independent. By application, the market is categorized into fuel consumption, efficiency level, fleet management, and viscosity control. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

This report provides a quantitative analysis of the current trends and estimations of the global marine diesel market to identify the prevailing market opportunities.

Major countries in each region are mapped according to individual market revenue.

Comprehensive analysis of factors that drive and restrict the market growth is provided.

An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors.

Key players and their key developments in the recent years are listed.

Key Market Players: Indian Oil Corporation, Bomin Bunker Oil Corp, Royal Dutch Shell PLC, BP PLC, Exxon Mobil, Gazprom Neft PJSC, KPI Bridge Oil A/S, Chemoil Energy Ltd, Harvey Gulf International Marine LLC., Aegean Marine Petroleum Network Inc.

#Marine #Diesel #Market

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ixoil-blogs · 8 months

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Premium Quality Marine Oils for Your Needs | iXoil

The Importance of Marine Oils and Marine Fuel Oils

Marine oils and marine fuel oils play a crucial role in the operation of commercial vessels. These fuels are used to release energy to rotate the ship propeller or the alternator by burning fuel inside the combustion chamber of the engine or to generate steam inside the boiler. There are different types of marine fuel oils available, such as Heavy Fuel Oil (HFO) and Marine Diesel Oil (MDO).

In recent years, there has been a major change in fuel selection for marine vessels. The International Maritime Organization (IMO) announced a 0.50% global sulphur cap on marine fuels emissions that was implemented in 2020. This decision triggered a shift towards more environmentally friendly fuels. Some vessel operators continued to use high-sulphur heavy fuel oil (HSFO) but only if they had installed an exhaust gas scrubber system, while the majority switched to a low-sulphur fuel.

One company that provides marine oils and lubricants is IXOIL Lubricants. They offer a range of products to meet the needs of their customers.

In conclusion, marine oils and marine fuel oils are essential for the operation of commercial vessels. With the implementation of new regulations, there has been a shift towards more environmentally friendly fuels. Companies like IXOIL Lubricants provide a range of products to meet these changing needs.

#marine fuel oil #marine oils

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russiashipsupply · 1 year

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Ship Provision Services in Kaliningrad and Ship Supply in Murmansk: A Comprehensive Guide

The maritime industry relies heavily on efficient ship provision and supply services to ensure smooth operations and the well-being of crew members. In this article, we will explore the ship provision in Kaliningrad and ship supply services in Murmansk, two prominent port cities in Russia. These cities, located in different regions, offer essential services to ships visiting their ports, ensuring a seamless experience for vessel operators and crew members.

Ship Provision Services in Kaliningrad:

Fresh Food and Provisions: Ship provision services in Kaliningrad provide a wide range of fresh food supplies to meet the dietary requirements of crew members. They offer a variety of fruits, vegetables, meats, dairy products, and packaged goods to ensure that ships are adequately stocked with quality provisions throughout their journey.

Bonded Stores: Ship operators often require bonded stores, including duty-free items such as alcohol and cigarettes, to meet the demands of passengers and crew members. Kaliningrad's ship provision services offer a comprehensive selection of bonded stores, ensuring compliance with international regulations and providing a convenient solution for vessel operators.

Spare Parts and Supplies: To maintain the smooth operation of a ship, readily available spare parts and essential supplies are crucial. Ship provision companies in Kaliningrad stock a wide range of spare parts, tools, lubricants, and other supplies needed for routine maintenance and repairs. Their prompt delivery and accessibility help minimize downtime and keep vessels running efficiently.

Ship Supply Services in Murmansk:

Fuel Supply: Murmansk is renowned for its strategic location and serves as a crucial refueling point for ships in the region. Ship supply services in Murmansk offer reliable and high-quality fuel supply to meet the energy demands of vessels. They ensure the availability of different fuel grades, including marine diesel oil (MDO) and heavy fuel oil (HFO), complying with industry standards.

Fresh Water Supply: Another essential service provided by ship supply companies in Murmansk is the provision of fresh water for ships. They ensure a sufficient supply of clean and potable water for various purposes, including drinking, cooking, and onboard operations. A reliable freshwater supply is crucial, especially for longer voyages or vessels requiring substantial water quantities.

Bunkering Services: Ship supply services in Murmansk also offer bunkering facilities, which involve the supply of fuel, lubricants, and other necessary fluids directly to ships while they are docked. These services help vessels replenish their fuel and lubricant reserves conveniently, ensuring uninterrupted operations during their stay in port.

Importance of Ship Provision and Supply Services: Ship provision and supply services play a crucial role in maintaining the operational efficiency and well-being of crew members. By providing fresh food, bonded stores, spare parts, fuel, and other essential supplies, these services ensure a seamless experience for ship operators and crew members. The expertise and reliability of ship provision and supply companies in Kaliningrad and Murmansk contribute to the success and smooth functioning of maritime operations.

Conclusion: Kaliningrad and Murmansk, as prominent port cities in Russia, offer comprehensive ship provision and supply services to meet the diverse needs of vessels and crew members. Ship provision services in Kaliningrad ensure the availability of fresh food, provisions, and bonded stores, while ship supply in Murmansk provides vital fuel, freshwater, and bunkering services. These services contribute to the efficient and safe operation of ships, ensuring a seamless experience for vessel operators and crew members visiting these port cities.

#shipping #ship provision #shipsupply

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ixoil2023 · 1 year

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Premium Quality Marine Oils for Your Needs | iXoil

The Importance of Marine Oils and Marine Fuel Oils

One company that provides marine oils and lubricants is IXOIL Lubricants. They offer a range of products to meet the needs of their customers.

#marine fuel oil #marine oils #engine oil #engine lubricant

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megharesearch · 2 years

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The Bunkering Service market research report discusses the importance of the segments as well as the regional markets. An accurate overview of different segments and regions has been prepared on the basis of the market size as well as the growth rate (CAGR). Different industry professionals and research analysts in various regions have examined and validated the data presented in this research report.

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missmiumiu · 2 years

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輪機日誌登載 Engine Room Log Book Entry

一、日常與特殊登載事項

日期、航次、目的港 Date and voyage where the ship is heading

船位 The position of the ship (at sea, at port or at anchorage)

主機運轉參數 Reading and parameters of main propulsion engine

發電機(輔引擎)運轉參數 Readings and parameters of other running machineries

其他機器運轉參數 Readings and parameters of other running machineries

主機轉速及設定負荷 Main engine RPM and load on the engine

航速 Speed of the ship in knots

各種潤滑油存量 Daily Entry for all the lube oil rest or remaining onboard

各種燃料存量 Daily entry for all grade of fuel oil remaining onboard

油渣與艙底水殘留量 Remaining onboard value of sludge and bilge

重要機器運轉時數 Running hour counter for important machinery

防止油污染設備運轉詳情 Details of oil pollution prevention equipment (time, position)

重要故障及理由 Record of any major breakdown and reason

機艙中事故 Record of incident or accident in the engine room

船事故 Record of grounding, collision and other accidents

重要機器翻修 Record of major overhauling of important machineries

所有燃料的添加 Record of all bunkering operation (time, place, quantity)

油渣與垃圾之處置 Record of all sludge and garbage disposal operation

當值期間完成之其他工作 Remarks for additional work done in a watch

船舶檢驗及PSC檢查 Remarks for surveys and port sate control inspection

二、主機之登載

當值時段 Timing of watch (1200-1600; 1600-2000; 2000-0000)

油門桿設定 Fuel level settings (notches)

轉速設定 Speed setting

負荷 Engine load

轉數 Engine revolution counter

平均轉數 Average rpm

燃油表讀數 Flow meter reading

主機四小時油耗 Main engine fuel consumption for 4 hours

主機各缸排氣溫度 Main engine all units exhaust temperature

活塞水及缸套水溫度 Piston cooling water and jacket cooling water temperature

主機燃油入口溫度 Main engine fuel oil inlet temperature

冷卻器海水入口與出口溫度 Coolers sea water inlet/outlet temperature

三、冷凍空調單元 RAC Units

冷媒壓力 Suction pressure and discharge pressure of refrigerant

滑油壓力 Lube oil suction and discharge pressure

空氣溫度 Air inlet and outlet temperature

四、需刊登冰庫溫度(Compartment Temperatures)之場所

肉庫 Meat room

魚庫 Fish room

蔬菜庫 Vegetable room

乾貨庫 Dairy room

處理間 Handling room

五、淡水製造機 (Fresh Water Generator)

缸套水溫度 Jacket cooling water in & out temperature

冷凝器海水溫度 Condenser sea water in & out temperature

殼溫 Shell temperature

真空 Vacuum pressure

噴射泵 Ejector pump pressure

蒸餾水泵 Distillate pump pressure

給水壓 Feed line pressure

水表讀數 Flow meter reading for fresh water

ex. 主機備便 Stand-by Engine

Departure from Hamburg. S/B 13:05, M/E counter meter 01345678. F. O. meter 0259612, F/A 14:40. F.O. temp. gradually raised to 85℃. A oil changed to C oil in service within 30 min. F. O. meter 0259620. M/E speed raised to MCR.

例如本輪主機(Main Engine, M/E)於13:05備便，離開漢堡。這時，要記下主機轉數及燃油錶上的數字。14:40本輪完全出港、停止動俥，放大洋(Full away, F/A)。這時，我們將燃油(Fuel Oil, F.O.)溫度，逐漸調高到攝氏85度。到了15:10(在30分鐘內)將A油(船用柴油 Marine Diesel Oil, MDO)換成C油(船用重燃油＝重油、殘渣燃料油 Heavy Fuel Oil, HFO)來使用，再次記錄燃油錶讀數，隨即將主機轉速提高到在最大連續額定值(Maximum Continuous Rating, MCR)。

↑↑↑

船舶和汽車還有飛機一樣在修理時可能會漏油，而且船舶漏油還可能會「殺害候鳥(Killing migratory birds)」。。。●﹏●

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blogaarti · 3 years

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Bunker Fuel Market Size, Status, Top Emerging Trends, Growth and Business Opportunities 2025

Between 2019 and 2020, the world commercial fleet witnessed robust expansion by 81 million dwt (UNCTADstat). Bulk carriers have particularly been seeing noteworthy growth in terms of tonnage. It has been observed that LNG tankers are also gaining more prominence. An expanding fleet of both commercial, as well as recreational vessels having routine operations along international routes promise massive growth in bunker fuel consumption in the near future.

A new ongoing study of Fairfield Market Research suggests that the world trade is fast recovering after a significant setback throughout 2020. With supply chains, logistics, and shipping operations coming back on the track, bunker fuel sales are also regaining momentum. The report expects global bunker fuel market to benefit from the recently flourishing liquified natural gas (LNG) trade, and consequently growing preference for LNG-based vessels in trade.

Get a Sample Copy of Bunker Fuel Market: https://www.fairfieldmarketresearch.com/report/bunker-fuel-market

Opportunities Abound for Low-sulphur Oil, and LNG

Aggravating environmental concerns worldwide has been pushing industries toward adoption of clean/green fuels. The otherwise preferred heavy fuel oil (HFO) is thus expected to witness a significant fall in consumption in the near future. Since 2020, as the International Maritime Organization (IMO) imposed a 0.50% global sulphur cap, the market expects a steep drop in shares of heavy sulphur oils in the market. Similarly, the other popular bunker fuel choices such as intermediate fuel oil 380 (IFO 380), intermediate fuel oil 180 (IFO 180), marine diesel oil (MDO), marine gasoil (MGO), and marine fuel oil (MFO) are also projected to lose their shares in market. This will in contrary push both low-sulphur oil, and LNG as the newly preferred bunker fuel alternatives.

China Remains the Global Leader

Banking on the strongest contenders like China, Japan, India, Australia, and Singapore, Asia Pacific retains the top spot in global bunker fuel landscape. Chinese market especially remains at the forefront, with yearly market valuation of over US$10 Bn. Dominance of China has been attributed to the country’s thriving marine trade scenes in addition to the scaling refining capacities.

On its way to place itself as the world’s most influential marine fuel hub, China is soon likely to outweigh other North Asian markets. Adopting the underbidding strategy, China continues to be the world’s most dynamic container port that could manage to sustain the bunker fuel scenario despite all the disruptions amid COVID-19 pandemic. The country is also witnessing emergence of multiple ports over the recent past, which will remain the prime contributor to the expansion of bunker fuel landscape of Asia Pacific. The report also highlights lucrative opportunities in Australia, and Singapore.

Bunker Fuel Market Competition

Royal Dutch Shell PLC, PETRONAS Global, Exxon Mobil Corporation, Total SE, Valero Energy Corporation, Chevron Corporation, Saudi Arabian Oil Company, World Fuel Services Corporation, The PJSC Lukoil Oil Company, BP p.l.c., Sinopec Group, Gazprom Neft PJSC, Neste Oyj, Bomin Bunker Oil Corp, Minerve Bunkering, Marathon Petroleum Corporation, and Gac Bunker Fuels Limited are some of the leading competitors in global bunker fuel landscape. Fairfield Market Research uncovers exclusive insights on the strategic developments of key companies, in the report.

For More Information Visit: https://www.fairfieldmarketresearch.com/report/bunker-fuel-market

About Us

Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

#bunker fuel #bunker fuel market #bunker fuel market trends #bunker fuel market demand #bunker fuel market size #fuel oil #liquid fuels #marine fuel #petroleum products #fairfield market research

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expertmarketresearch · 4 years

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The global bunker fuel market was valued at $137,215.5 million in 2017 and is expected to reach $273,050.4 million by 2025, registering a CAGR of 9.4% from 2018 to 2025. Bunker fuel is the fuel oil delivered to ships of all states that are engaged in international navigation. The international navigation may take place via sea, on inland lakes & waterways, and in coastal waters. The two major bunker fuel classifications in the marine industry are distillates and residual fuel oils. Marine distillates are divided into marine gas oil (MGO) and marine diesel oil (MDO). MGO is used in small and highly rated diesel engines, which are prominently found in many types of ships. Residual fuel oil, also known as heavy fuel oil (HFO), is the highest viscosity fuel oil.

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devindiggo · 4 years

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alex121world · 4 years

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Bunker Fuel Market to Witness Increase in Revenues by 2018-2026

Market Scenario

Global Bunker Fuel Market was valued US $ 100.8 bn in 2017 and is expected to reach US$ 160.02 bn by 2026, at a CAGR of 6.05 % during a forecast period.

Global bunker fuel market is segmented into fuel grade, seller type, end user and geography. Based on fuel grades, the bunker fuel market is categorized into marine gas oil/marine diesel oil (MGO/MDO), intermediate fuel oil (IFO) 380, IFO 180 and IFO Others. On the basis of seller type, the bunker fuel market is categorized into oil producers, large independent distributors, and small independent distributors. The end users of bunker fuel encompass tanker vessels, container vessels, and bulk and general cargo vessels. Based on region, the bunker fuel market is spread by Europe, North America, Asia Pacific, Latin America, and Middle East and Africa.

Request For Report Sample: https://www.trendsmarketresearch.com/report/sample/11380

The growing number of shipping vessels is resulting in the increased consumption of fuels used in ship bunkers. Fast increase in the bunker requirement for the storage of fuel and the growing hydrocarbon resource development activities in offshore areas are driving the growth in the global bunker fuel market. Furthermore, decreasing fuel consumption as a result of the introduction of fuel-efficient vessels is limiting the growth in the global bunker fuel market.

Global Bunker Fuel Market

Intermediate fuel oil (IFO) 380 is estimated to grow at a significant rate in the global bunker fuel market owing to most of the ship engines are capable of combusting this fuel. This is the most favoured fuel grade owing to its cheapest cost.

Large independent distributors is expected to hold a substantial growth in the bunker fuel market. This growth can be attributed owing to distributors have multiple physical resources, such as blending services and storage terminuses in major bunkering ports. This bounces them economical advantage over small independent distributors.

Bulk and general cargo vessels is expected to dominant the large market share in the bunker fuel market during the forecast period, owing to the popular of the transportation of goods is conceded out through bulk and general cargo vessels.

Asia Pacific hold the large market share in the Global bunker fuel market. This large share can be attributed owing to the presence of major shipping key players in the developing economies such as China, India, South Korea, and Japan. However augmented exports from Asia Pacific to the European and North American countries are resulting in the demand for shipping vessels which is positively impacting the growth of the bunker fuel industry. Swift industrialization and commercialization in developing countries such as China, India, Vietnam, and the Philippines, exports as well as imports have risen expressively the growth in the Bunker Fuel Market.

Some of the major key players in the Global bunker fuel market includes, BP PLC, Bunker Holding A/S, Chemoil Energy Ltd., Exxon Mobil, Gazprom Neft PJSC, GAC Bunker Fuels Ltd., KPI Bridge Oil A/S, and Royal Dutch Shell PLC, Aegean Marine Petroleum Network Inc., and Bomin Bunker Oil Corp.

Scope of the Global Bunker Fuel Markets

Global Bunker Fuel Market, By Fuel Grade

• IFO 380 • IFO 180 • IFO Others • MGO/MDO

Global Bunker Fuel Market, By Seller Type

• Major Oil Companies • Leading Independent Distributors • Small Independent Distributors

Global Bunker Fuel Market, By End User

• Container Vessels • Tankers Vessels • Bulk & General Cargo Vessels • Other Vessels

Global Bunker Fuel Market, By Geography

• North America • Europe • Asia Pacific • Middle East & Africa • Latin America

Key players in Global Bunker Fuel Market

• Aegean Marine Petroleum Network Inc., • Bomin Bunker Oil Corp., • BP PLC, • Bunker Holding A/S, • Chemoil Energy Ltd., • Gazprom Neft PJSC, • AC Bunker Fuels Ltd., • KPI Bridge Oil A/S • Royal Dutch Shell PLC. • Exxon Mobil • World Fuel Services • Shell • China Marine Bunker • Bunker Holding • Total Marine Fuel • Bright Oil • Sinopec • GAC • China Changjiang Bunke • Southern Pec • Lukoil-Bunker • Alliance Oil Company • Shanghai Lonyer Fuels

Covid 19 Impact Analysis@

https://www.trendsmarketresearch.com/report/covid-19-analysis/11380

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kdmarketresearch · 4 years

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Bunker Fuel Market : Growth, Opportunity, Demand and Key Players to 2025

Rise in offshore exploration & production (E&P) activity and increase in seaborne trade are the factors that drive the growth of the global bunker fuel market. In addition, IMO's regulations of sulfur cap for marine fuels are also expected to drive the growth of the bunker fuel market. High investment cost involved in development of bunker fuel infrastructure and regulatory frameworkA fresh report titled “ Bunker Fuel Market” has been presented by KD market research. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Bunker Fuel Market. The competition analysis is also a major part of the report.

The global bunker fuel market was valued at $137,215.5 million in 2017, and is projected to reach $273,050.4 million by 2025, growing at a CAGR of 9.4% from 2018 to 2025.

Request sample report@ https://www.kdmarketresearch.com/sample/3153

Bunker fuel is the fuel oil/gas delivered to the ships that are engaged in international navigation. The international navigation takes place via sea, coastal waters, and on waterways and inland lakes. In the marine industry, bunker fuel is classified in two major categories residual fuel oils and distillates. Marine distillate is divided into two categories, marine gas oil (MGO) and marine diesel oil (MDO). Marine gas oil is mostly used in small and highly rated diesel engines, which are found in many different ships. Residual fuel oil (HFO) is the high viscosity oil fuel. The most commonly used heavy fuels are IFO 180 and IFO 380.

Rise in offshore exploration & production (E&P) activity and increase in seaborne trade are the factors that drive the growth of the global bunker fuel market. In addition, IMO's regulations of sulfur cap for marine fuels are also expected to drive the growth of the bunker fuel market. High investment cost involved in development of bunker fuel infrastructure and regulatory framework is anticipated to hamper the growth of the bunker fuel market. The global bunker fuel market is segmented based on type, commercial distributors, end user, and region. Based on type, the market is segmented into MGO and RFO. Based on the commercial distributors, it is classified into oil majors, large independent, and small independent. Based on end user, it is classified into container, bulk carrier, oil tanker, general cargo, chemical tanker, fishing vessels, gas tanker, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players analyzed and profiled in this report are BP PLC, Exxon Mobil, Royal Dutch Shell PLC, Lukoil, Sinopec Group, Gazprom Neft PJSC, Chevron Corporation, Petroliam Nasional Berhad (PETRONAS), Total S.A., and Neste.

Key Benefits for Bunker Fuel Market:

· The report provides extensive qualitative and quantitative analysis of the current trends and future estimations of the global bunker fuel market from 2017 to 2025 to determine the prevailing opportunities.

· Comprehensive analysis of factors that drive and restrict the growth of the market is provided.

· Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume.

· Profiles of leading players operating in the global technical textile market are provided to understand the global competitive scenario.

· The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.

Bunker Fuel Key Market Segments:

By Type – Marine Gas Oil (MGO), Residual Fuel Oil (RFO)

By Commercial Distributor – Oil Majors, Large Independent, Small Independent

By End-User – Container, Bulk Carrier, Oil Tanker, General Cargo, Chemical Tanker, Fishing, Gas Tanker, Others

By Region –

North America –U.S., Canada, Mexico Europe –UK, Germany, France, Italy, Spain, Rest of Europe Asia-Pacific –China, Japan, India, South Korea, Rest of Asia-Pacific LAMEA– UAE, Saudi Arabia, Brazil, South Africa, Rest of LAMEA

Access complete Research Report with toc@ https://www.kdmarketresearch.com/report/3153/global-bunker-fuel-market-amr

Table of Content

CHAPTER 1: INTRODUCTION

1.1. Report description 1.2. Key benefits for stakeholders

1.2.1. List of key players profiled in the report

1.3. Research methodology

1.3.1. Secondary research 1.3.2. Primary research 1.3.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the study 2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope 3.2. Key findings

3.2.1. Top investment pockets

3.3. Porter's five forces analysis

3.3.1. Bargaining power of buyers 3.3.2. Thereat of new entrants 3.3.3. Threat of substitutes 3.3.4. Intensity of competitive rivalry

3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. IMOs regulations of sulfur cap for marine fuels 3.4.1.2. Increasing offshore exploration activities

3.4.2. Restraint

3.4.2.1. Fuel reduction initiatives by the shipping community

3.4.3. Opportunity

3.4.3.1. Increasing oil and gas exploration activities

CHAPTER 4: GLOBAL BUNKER FUEL MARKET, BY TYPE

4.1. Overview

4.1.1. Market size and forecast

4.2. Marine Gasoil (MGO)

4.2.1. Key market trends, growth factors, and opportunities 4.2.2. Market size and forecast, by region 4.2.3. Market share analysis, by country

4.3. Residual Fuel Oil

4.3.1. Key market trends, growth factors, and opportunities 4.3.2. Market size and forecast, by region 4.3.3. Market share analysis, by country

CHAPTER 5: GLOBAL BUNKER FUEL MARKET, BY COMMERCIAL DISTRIBUTOR

5.1. Overview

5.1.1. Market size and forecast

5.2. Oil Majors

5.2.1. Market size and forecast, by region 5.2.2. Market share analysis, by country

5.3. Large Independent

5.3.1. Market size and forecast, by region 5.3.2. Market share analysis, by country

5.4. Small Independent

5.4.1. Market size and forecast, by region 5.4.2. Market share analysis, by country

CHAPTER 6: GLOBAL BUNKER FUEL MARKET, BY END-USER

6.1. Overview

6.1.1. Market size and forecast

6.2. Container

6.2.1. Market size and forecast, by region 6.2.2. Market share analysis, by country

6.3. Bulk Carrier

6.3.1. Market size and forecast, by region 6.3.2. Market share analysis, by country

6.4. Oil Tanker

6.4.1. Market size and forecast, by region 6.4.2. Market share analysis, by country

6.5. General Cargo

6.5.1. Market size and forecast, by region 6.5.2. Market share analysis, by country

6.6. Chemical Tanker

6.6.1. Market size and forecast, by region 6.6.2. Market share analysis, by country

6.7. Fishing

6.7.1. Market size and forecast, by region 6.7.2. Market share analysis, by country

6.8. Gas Tanker

6.8.1. Market size and forecast, by region 6.8.2. Market share analysis, by country

6.9. Others

6.9.1. Market size and forecast, by region 6.9.2. Market share analysis, by country

CHAPTER 7: BUNKER FUEL MARKET, BY REGION

7.1. Overview

7.1.1. Market size and forecast

7.2. North America

7.2.1. Key market trends, growth factors, and opportunities 7.2.2. Market size and forecast, by type 7.2.3. Market size and forecast, by commercial distributor 7.2.4. Market size and forecast, by end-user 7.2.5. Market share analysis, by country 7.2.6. U.S.

7.2.6.1. Market size and forecast, by type 7.2.6.2. Market size and forecast, by commercial distributor 7.2.6.3. Market size and forecast, by end-user

7.2.7. Canada

7.2.7.1. Market size and forecast, by type 7.2.7.2. Market size and forecast, by commercial distributor 7.2.7.3. Market size and forecast, by end-user

7.2.8. Mexico

7.2.8.1. Market size and forecast, by type 7.2.8.2. Market size and forecast, by commercial distributor 7.2.8.3. Market size and forecast, by end-user

7.3. Europe

7.3.1. Key market trends, growth factors, and opportunities 7.3.2. Market size and forecast, by type 7.3.3. Market size and forecast, by commercial distributor 7.3.4. Market size and forecast, by end-user 7.3.5. Market share analysis, by country 7.3.6. UK

7.3.6.1. Market size and forecast, by type 7.3.6.2. Market size and forecast, by commercial distributor 7.3.6.3. Market size and forecast, by end-user

7.3.7. Germany

7.3.7.1. Market size and forecast, by type 7.3.7.2. Market size and forecast, by commercial distributor 7.3.7.3. Market size and forecast, by end-user

7.3.8. France

7.3.8.1. Market size and forecast, by type 7.3.8.2. Market size and forecast, by commercial distributor 7.3.8.3. Market size and forecast, by end-user

7.3.9. Italy

7.3.9.1. Market size and forecast, by type 7.3.9.2. Market size and forecast, by commercial distributor 7.3.9.3. Market size and forecast, by end-user

7.3.10. Spain

7.3.10.1. Market size and forecast, by type 7.3.10.2. Market size and forecast, by commercial distributor 7.3.10.3. Market size and forecast, by end-user

7.3.11. Rest of Europe

7.3.11.1. Market size and forecast, by type 7.3.11.2. Market size and forecast, by commercial distributor 7.3.11.3. Market size and forecast, by end-user

7.4. Asia-Pacific

7.4.1. Key market trends, growth factors, and opportunities 7.4.2. Market size and forecast, by type 7.4.3. Market size and forecast, by commercial distributor 7.4.4. Market size and forecast, by end-user 7.4.5. Market share analysis, by country

7.4.6. China

7.4.6.1. Market size and forecast, by type 7.4.6.2. Market size and forecast, by commercial distributor 7.4.6.3. Market size and forecast, by end-user

7.4.7. Japan

7.4.7.1. Market size and forecast, by type 7.4.7.2. Market size and forecast, by commercial distributor 7.4.7.3. Market size and forecast, by end-user

7.4.8. India

7.4.8.1. Market size and forecast, by type 7.4.8.2. Market size and forecast, by commercial distributor 7.4.8.3. Market size and forecast, by end-user

7.4.9. South Korea

7.4.9.1. Market size and forecast, by type 7.4.9.2. Market size and forecast, by commercial distributor 7.4.9.3. Market size and forecast, by end-user

7.4.10. Rest of Asia-Pacific

7.4.10.1. Market size and forecast, by type 7.4.10.2. Market size and forecast, by commercial distributor 7.4.10.3. Market size and forecast, by end-user

7.5. LAMEA

7.5.1. Key market trends, growth factors, and opportunities 7.5.2. Market size and forecast, by type 7.5.3. Market size and forecast, by commercial distributor 7.5.4. Market size and forecast, by end-user 7.5.5. Market share analysis, by country 7.5.6. UAE

7.5.6.1. Market size and forecast, by type

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#Bunker Fuel Market size #Bunker Fuel Market trends #Bunker Fuel Market news #Bunker Fuel Market share #Bunker Fuel Market Analysis #Bunker Fuel Market Forecast

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atomicjellyfishdelusion · 4 years

Text

Bunker Fuel Market to Witness over X.X% Growth 'in Revenue During the COVID-19 Pandemic

Market Scenario

Global Bunker Fuel Market was valued US $ 100.8 bn in 2017 and is expected to reach US$ 160.02 bn by 2026, at a CAGR of 6.05 % during a forecast period.

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Global Bunker Fuel Market

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Scope of the Global Bunker Fuel Markets

Global Bunker Fuel Market, By Fuel Grade

• IFO 380 • IFO 180 • IFO Others • MGO/MDO

Global Bunker Fuel Market, By Seller Type

• Major Oil Companies • Leading Independent Distributors • Small Independent Distributors

Global Bunker Fuel Market, By End User

• Container Vessels • Tankers Vessels • Bulk & General Cargo Vessels • Other Vessels

Global Bunker Fuel Market, By Geography

• North America • Europe • Asia Pacific • Middle East & Africa • Latin America

Key players in Global Bunker Fuel Market

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jayu123-me · 4 years

Text

Bunker Fuel Market To Reach A Valuation Of ~Us$ 177.8 Bn By 2027

Bunker Fuel Market: Introduction The global bunker fuel market was valued at US$ 143.97 Bn in 2018 and is anticipated to expand at a CAGR of 2.5% during the forecast period. Based on fuel, the High Sulfur Fuel Oil (HSFO) segment held a dominant share of the global bunker fuel market in 2018, as HSFO is a widely used bunker fuel by fleet owners due to its lower price than other types of fuels. However, implementation of the IMO 2020 regulation is expected to restrict the use of HSFO owing to the high sulfur content. The new global limits on sulfur content for marine fuels are estimated to significantly impact bunker fuel market. In terms of seller, the leading independent sellers segment accounted for a dominant share of the global bunker fuel market in 2018. Leading independent distributors have well-established setup that includes blending facility, storage terminals, and own physical assets. Based on application, the tanker fleet segment constituted prominent share of the global bunker fuel market in 2018, due to the rise in demand for crude oil, petroleum products, chemicals, and liquid raw material in various regions. The tanker fleet segment comprises specialized purpose-built vessels designed to carry liquefied petroleum gas (LPG) or liquefied natural gas (LNG) under pressure. The bunker fuel market in Asia Pacific is likely to expand at a substantial pace during the forecast period, owing to rapid urbanization and industrialization in the region. Key Drivers of Bunker Fuel Market Rise in international seaborne trade is boosting the global bunker fuel market. The global seaborne trade is performing well, supported by the upswing in the world economy. Seaborne trade leads to shipping, intercontinental trade, bulk transport of raw materials, and import/export of affordable food and manufactured goods. Increase in offshore exploration and production, due to the rise in demand for resources such as crude oil, coal, steel, and iron, is estimated to propel the demand for bunker fuel in the near future. Rapid technological development has boosted oil & gas exploration activities at deep offshore locations and other marginal oil & gas fields.Companies supplying bunker fuel have strategically opened bunkering divisions in ports that are close to major offshore hydrocarbon basins, as bunkering requirements are significantly high for some offshore support vessels. Thus, growth in offshore exploration and production activities is projected to drive the global bunker fuel market in the near future. Request PDF Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3894 Asia Pacific Offers Lucrative Opportunities in Bunker Fuel MarketAsia Pacific is anticipated to be a highly attractive region of the global bunker fuel market during the forecast period, due to rapid industrialization and urbanization in the region, especially in countries such as China, India, and Japan. Furthermore, ports in China account for nearly a third of global container traffic. The country has the largest merchant fleet in the world in terms of number of ships. However, Singapore dominates the bunker fuel market in Asia. Around 48 million metric tons to 50 million metric tons of bunker fuel were sold in Singapore in 2018, making it the world’s largest bunkering hub. The country dominates the market due to its vast commercial storage capacity and fuel blending capabilities. Major Developments in Bunker Fuel Market In March 2019, BP Marine announced that it would begin to retail low sulfur bunker fuel that meets new MARPOL regulations that limit the sulfur content of marine fuels. The company is introducing a new very low sulfur fuel oil (VLSFO), with maximum 0.5% sulfur content, following successful sea trials with fuel manufactured and supplied in the Amsterdam/Rotterdam/Antwerp (ARA) and Singapore hubs.In October 2019, Total launched its first large liquefied natural gas (LNG) bunker vessel. The bunker vessel is expected to operate in Northern Europe and supply LNG to commercial vessels. The use of LNG sharply reduces emissions from ships, resulting in significant improvement in air quality, particularly for communities in coastal areas and port cities. Competition Landscape The global bunker fuel market is dominated by multinational as well as small players operating across the globe. Prominent players operating in the global bunker fuel market include Total, Neste, Marathon Petroleum Corporation, Brightoil Petroleum (Holdings) Limited, BP., Saudi Arabian Oil Co., Gazprom, LUKOIL, BP Sinopec Marine Fuels, Chevron U.S.A. Inc., Exxon Mobil Corporation, Royal Dutch Shell plc, World Fuel Services Corporation., GAC, and BUNKER HOLDING.Global Bunker Fuel Market: SegmentationBunker Fuel Market, by Fuel· High Sulfur Fuel Oil (HSFO)· Very Low Sulfur Fuel Oil (VLSFO)· Marine Diesel Oil (MDO)· Liquefied Natural Gas (LNG)Bunker Fuel Market, by Application· Tanker Fleet· Glass Container Fleet· Bulk & General Cargo Fleet· Others (including Passenger Ferries, Cruise Ships)Bunker Fuel Market, by Seller· Major Oil Companies· Leading Independent Sellers· Small Independent SellersBunker Fuel Market, by Region· North Americao U.S.o Canada· Europeo Germanyo U.K.o Norwayo Greeceo Russia & CISo Rest of Europe· Asia Pacifico Chinao Indiao Japano Singaporeo Rest of Asia Pacific· Latin Americao Brazilo Mexicoo Rest of Latin America· Middle East & Africao GCC Countrieso Turkeyo Rest of Middle East & Africa About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.Our data repository is continuously updated and revised by a team of research experts, so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Transparency Market Research,90 Sate Street, Suite 700,Albany, NY 12207Tel: +1-518-618-1030USA - Canada Toll Free: 866-552-3453Email: [email protected] Website: https://www.transparencymarketresearch.com/

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