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Global LNG Bunkering Market

Posted 18 Apr 2021 | Hits: 8
Country: India
State/Region: Maharashtra
City: Panvel 
Locality: Pune
Zip: 411051
Global LNG Bunkering Market was valued US$ 589.02 Mn in 2018 and is expected to reach US$ XX Mn by 2026, at a CAGR of XX % during a forecast period.

Global LNG Bunkering Market

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LNG bunkering is the practice of providing liquefied natural gas to a ship for its own consumption. LNG is a cleaner fuel than conventional marine fuels, such as heavy fuel oil, marine diesel fuel, and marine gas fuels. The main 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). Standards and regulations for LNG bunkering exist and are being developed by organizations such as SIGTTO (Society of International Gas Tankers and Terminal Operators), OCIMF (Oil Companies International Marine Forum), and IMO (International Maritime Organization), etc.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

For More Information:https://www.maximizemarketresearch.com/market-report/global-lng-bunkering-market/20915/
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