APO RESEARCH · REPORT
LNG Bunkering
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage or transport.
Product & engineering
Understand the product.
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage or transport.
LNG is an attractive fuel choice for many vessels because it exceeds the air quality standards set forth. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia.
The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensed into a liquid at close to atmospheric pressure by cooling it to approximately −162 °C (−260 °F); maximum transport pressure is set at around 25 KPa (4 psi).
LNG Bunkering is a particular type of operation where LNG fuel is transferred from a given distribution source to a LNG fuelled ship. It involves the participation of different stakeholders, from the ship-side, LNG supplier, ports, safety personnel, administrations and policy makers. In this report, LNG bunkering only refers to LNG bunkering fuel.
Selected research
Market Structure
Global LNG Bunkering Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4) that has been converted to liquid form for ease of storage or transport.
LNG is an attractive fuel choice for many vessels because it exceeds the air quality standards set forth. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia.
The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensed into a liquid at close to atmospheric pressure by cooling it to approximately −162 °C (−260 °F); maximum transport pressure is set at around 25 KPa (4 psi).
Read the full market overview
LNG Bunkering is a particular type of operation where LNG fuel is transferred from a given distribution source to a LNG fuelled ship. It involves the participation of different stakeholders, from the ship-side, LNG supplier, ports, safety personnel, administrations and policy makers. In this report, LNG bunkering only refers to LNG bunkering fuel.
The major players in global LNG Bunkering market include Skangas, Shell (Gasnor), Statoil, etc. The top 3 players occupy about 50% shares of the global market. Europe and Asia-Pacific are main markets, they occupy about 75% of the global market. Truck-to-Ship is the main type, with a share about 70%. Ferries & OSV is the main application, which holds a share about 40%.
The report provides an overview of the global LNG Bunkering market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of LNG Bunkering and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents LNG Bunkering sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the LNG Bunkering market size, projected growth trends, production technologies, key applications, and end-use industries.
LNG Bunkering Segment by Company
Gasum
Shell (Gasnor)
Equinor
Barents Naturgass
Engie
Bomin and Linde
Eni Norge
Harvey Gulf
Polskie LNG
Korea Gas Corp
Gaz Metro
LNG Bunkering Segment by Type
Truck-to-Ship
Ship-to-Ship
Port-to-Ship
Others
LNG Bunkering Segment by Application
Container Vessels
Tanker Vessels
Bulk & General Cargo Vessels
Ferries & OSV
Others
LNG Bunkering Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global LNG Bunkering market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of LNG Bunkering and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of LNG Bunkering.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the LNG Bunkering market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global LNG Bunkering industry.
Chapter 3: Detailed analysis of LNG Bunkering market competition landscape. Including LNG Bunkering manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of LNG Bunkering by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of LNG Bunkering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Truck-to-Ship
- Ship-to-Ship
- Port-to-Ship
- Others
Applications
- Container Vessels
- Tanker Vessels
- Bulk & General Cargo Vessels
- Ferries & OSV
- Others
Companies covered
- Gasum
- Shell (Gasnor)
- Equinor
- Barents Naturgass
- Engie
- Bomin and Linde
- Eni Norge
- Harvey Gulf
- Polskie LNG
- Korea Gas Corp
- Gaz Metro
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global LNG Bunkering Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global LNG Bunkering Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global LNG Bunkering Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global LNG Bunkering Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global LNG Bunkering Market Dynamics
- 2.1 LNG Bunkering Industry Trends
- 2.2 LNG Bunkering Industry Drivers
- 2.3 LNG Bunkering Industry Opportunities and Challenges
- 2.4 LNG Bunkering Industry Restraints
3 LNG Bunkering Market by Manufacturers
- 3.1 Global LNG Bunkering Production Value by Manufacturers (2021-2026)
- 3.2 Global LNG Bunkering Production by Manufacturers (2021-2026)
- 3.3 Global LNG Bunkering Average Price by Manufacturers (2021-2026)
- 3.4 Global LNG Bunkering Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global LNG Bunkering Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global LNG Bunkering Manufacturers, Product Type & Application
- 3.7 Global LNG Bunkering Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global LNG Bunkering Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 LNG Bunkering Players Market Share by Production Value in 2025
- 3.8.3 2025 LNG Bunkering Tier 1, Tier 2, and Tier 3
4 LNG Bunkering Market by Type
- 4.1 LNG Bunkering Type Introduction
- 4.1.1 Truck-to-Ship
- 4.1.2 Ship-to-Ship
- 4.1.3 Port-to-Ship
- 4.1.4 Others
- 4.2 Global LNG Bunkering Production by Type
- 4.2.1 Global LNG Bunkering Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global LNG Bunkering Production by Type (2021-2032)
- 4.2.3 Global LNG Bunkering Production Market Share by Type (2021-2032)
- 4.3 Global LNG Bunkering Production Value by Type
- 4.3.1 Global LNG Bunkering Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global LNG Bunkering Production Value by Type (2021-2032)
- 4.3.3 Global LNG Bunkering Production Value Market Share by Type (2021-2032)
5 LNG Bunkering Market by Application
- 5.1 LNG Bunkering Application Introduction
- 5.1.1 Container Vessels
- 5.1.2 Tanker Vessels
- 5.1.3 Bulk & General Cargo Vessels
- 5.1.4 Ferries & OSV
- 5.1.5 Others
- 5.2 Global LNG Bunkering Production by Application
- 5.2.1 Global LNG Bunkering Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global LNG Bunkering Production by Application (2021-2032)
- 5.2.3 Global LNG Bunkering Production Market Share by Application (2021-2032)
- 5.3 Global LNG Bunkering Production Value by Application
- 5.3.1 Global LNG Bunkering Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global LNG Bunkering Production Value by Application (2021-2032)
- 5.3.3 Global LNG Bunkering Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Gasum
- 6.1.1 Gasum Company Information
- 6.1.2 Gasum Business Overview
- 6.1.3 Gasum LNG Bunkering Production, Value and Gross Margin (2021-2026)
- 6.1.4 Gasum LNG Bunkering Product Portfolio
- 6.1.5 Gasum Recent Developments
- 6.2 Shell (Gasnor)
- 6.2.1 Shell (Gasnor) Company Information
- 6.2.2 Shell (Gasnor) Business Overview
- 6.2.3 Shell (Gasnor) LNG Bunkering Production, Value and Gross Margin (2021-2026)
- 6.2.4 Shell (Gasnor) LNG Bunkering Product Portfolio
- 6.2.5 Shell (Gasnor) Recent Developments
- 6.3 Equinor
- 6.3.1 Equinor Company Information
- 6.3.2 Equinor Business Overview
- 6.3.3 Equinor LNG Bunkering Production, Value and Gross Margin (2021-2026)
- 6.3.4 Equinor LNG Bunkering Product Portfolio
- 6.3.5 Equinor Recent Developments
- 6.4 Barents Naturgass
- 6.4.1 Barents Naturgass Company Information
- 6.4.2 Barents Naturgass Business Overview
- 6.4.3 Barents Naturgass LNG Bunkering Production, Value and Gross Margin (2021-2026)
- 6.4.4 Barents Naturgass LNG Bunkering Product Portfolio
- 6.4.5 Barents Naturgass Recent Developments
- 6.5 Engie
- 6.5.1 Engie Company Information
- 6.5.2 Engie Business Overview
- 6.5.3 Engie LNG Bunkering Production, Value and Gross Margin (2021-2026)
- 6.5.4 Engie LNG Bunkering Product Portfolio
- 6.5.5 Engie Recent Developments
- 6.6 Bomin and Linde
- 6.6.1 Bomin and Linde Company Information
- 6.6.2 Bomin and Linde Business Overview
- 6.6.3 Bomin and Linde LNG Bunkering Production, Value and Gross Margin (2021-2026)
- 6.6.4 Bomin and Linde LNG Bunkering Product Portfolio
- 6.6.5 Bomin and Linde Recent Developments
- 6.7 Eni Norge
- 6.7.1 Eni Norge Company Information
- 6.7.2 Eni Norge Business Overview
- 6.7.3 Eni Norge LNG Bunkering Production, Value and Gross Margin (2021-2026)
- 6.7.4 Eni Norge LNG Bunkering Product Portfolio
- 6.7.5 Eni Norge Recent Developments
- 6.8 Harvey Gulf
- 6.8.1 Harvey Gulf Company Information
- 6.8.2 Harvey Gulf Business Overview
- 6.8.3 Harvey Gulf LNG Bunkering Production, Value and Gross Margin (2021-2026)
- 6.8.4 Harvey Gulf LNG Bunkering Product Portfolio
- 6.8.5 Harvey Gulf Recent Developments
- 6.9 Polskie LNG
- 6.9.1 Polskie LNG Company Information
- 6.9.2 Polskie LNG Business Overview
- 6.9.3 Polskie LNG LNG Bunkering Production, Value and Gross Margin (2021-2026)
- 6.9.4 Polskie LNG LNG Bunkering Product Portfolio
- 6.9.5 Polskie LNG Recent Developments
- 6.10 Korea Gas Corp
- 6.10.1 Korea Gas Corp Company Information
- 6.10.2 Korea Gas Corp Business Overview
- 6.10.3 Korea Gas Corp LNG Bunkering Production, Value and Gross Margin (2021-2026)
- 6.10.4 Korea Gas Corp LNG Bunkering Product Portfolio
- 6.10.5 Korea Gas Corp Recent Developments
- 6.11 Gaz Metro
- 6.11.1 Gaz Metro Company Information
- 6.11.2 Gaz Metro Business Overview
- 6.11.3 Gaz Metro LNG Bunkering Production, Value and Gross Margin (2021-2026)
- 6.11.4 Gaz Metro LNG Bunkering Product Portfolio
- 6.11.5 Gaz Metro Recent Developments
7 Global LNG Bunkering Production by Region
- 7.1 Global LNG Bunkering Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global LNG Bunkering Production by Region (2021-2032)
- 7.2.1 Global LNG Bunkering Production by Region (2021-2026)
- 7.2.2 Global LNG Bunkering Production Forecast by Region (2027-2032)
- 7.3 Global LNG Bunkering Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global LNG Bunkering Production Value by Region (2021-2032)
- 7.4.1 Global LNG Bunkering Production Value by Region (2021-2026)
- 7.4.2 Global LNG Bunkering Production Value by Region (2027-2032)
- 7.5 Global LNG Bunkering Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America LNG Bunkering Production Value (2021-2032)
- 7.6.2 Europe LNG Bunkering Production Value (2021-2032)
- 7.6.3 Asia-Pacific LNG Bunkering Production Value (2021-2032)
- 7.6.4 South America LNG Bunkering Production Value (2021-2032)
- 7.6.5 Middle East & Africa LNG Bunkering Production Value (2021-2032)
8 Global LNG Bunkering Consumption by Region
- 8.1 Global LNG Bunkering Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global LNG Bunkering Consumption by Region (2021-2032)
- 8.2.1 Global LNG Bunkering Consumption by Region (2021-2026)
- 8.2.2 Global LNG Bunkering Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America LNG Bunkering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America LNG Bunkering Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe LNG Bunkering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe LNG Bunkering Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific LNG Bunkering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific LNG Bunkering Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America LNG Bunkering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America LNG Bunkering Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa LNG Bunkering Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa LNG Bunkering Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 LNG Bunkering Value Chain Analysis
- 9.1.1 LNG Bunkering Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 LNG Bunkering Production Mode & Process
- 9.2 LNG Bunkering Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 LNG Bunkering Distributors
- 9.2.3 LNG Bunkering Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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