Bunkering is the supplying of fuel for use by ships, and includes the shipboard logistics of loading fuel and distributing it among available bunker tanks. ... Bunkering operations are located at seaports, and they include the storage of "bunker" (ship) fuels and the provision of the fuel to vessels.
This report contains market size and forecasts of Bunkering Service in Global, including the following market information:
Global Bunkering Service Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Bunkering Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Marine Diesel Fuel (MDO) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bunkering Service include Bomin Bunker Oil Corp., Lukoil-Bunker LLC, Aegean Marine Petroleum Network, Inc., Chemoil Energy Limited, BP PLC, World Fuel Services Corporation, Bunker Holding A/S, Gazpromneft Marine Bunker LLC and GAC Bunker Fuels Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bunkering Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bunkering Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Bunkering Service Market Segment Percentages, by Type, 2021 (%)
Marine Diesel Fuel (MDO)
Marine Gasoil Fuel (MGO)
Marine Fuel Oil (MFO)
Intermediate Fuel Oil (IFO)
Heavy Fuel Oil (HFO)
Global Bunkering Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Bunkering Service Market Segment Percentages, by Application, 2021 (%)
Tankers
Container Ships
Bulk Carriers
Fishing Vessels
Others
Global Bunkering Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Bunkering Service Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bunkering Service revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Bunkering Service revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bomin Bunker Oil Corp.
Lukoil-Bunker LLC
Aegean Marine Petroleum Network, Inc.
Chemoil Energy Limited
BP PLC
World Fuel Services Corporation
Bunker Holding A/S
Gazpromneft Marine Bunker LLC
GAC Bunker Fuels Ltd.
Royal Dutch Shell Plc
Exxon Mobil Corporation
KPI Bridge Oil A/S