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LNG Bunkering is the process of supplying Liquefied Natural Gas (LNG) to ships as fuel. It is a growing market, driven by the increasing demand for cleaner marine fuels and the need to reduce emissions from the shipping industry. LNG is a viable alternative to traditional marine fuels, such as heavy fuel oil and marine diesel oil, as it produces fewer emissions and is more cost-effective.
The LNG Bunkering market is composed of a range of stakeholders, including ship owners, fuel suppliers, ports, and regulatory bodies. Ship owners are responsible for selecting the most suitable fuel for their vessels, while fuel suppliers are responsible for providing the necessary infrastructure and services. Ports are responsible for providing the necessary infrastructure and services for bunkering operations, while regulatory bodies are responsible for setting standards and regulations.
Some of the major companies in the LNG Bunkering market include Shell, Total, Gasum, Engie, and ENN. These companies are involved in the production, storage, and distribution of LNG, as well as providing bunkering services. Show Less Read more