GITNUX MARKETDATA REPORT 2024

Lng Bunkering Industry Statistics

Lng bunkering industry statistics show a steady growth in the number of LNG bunkering vessels worldwide alongside an increase in LNG bunkering infrastructure and operations.

In this post, we will explore key statistics and insights related to the LNG bunkering industry, shedding light on market trends, regional dynamics, and future projections. From the dominant players in Europe to the growing demand in Asia Pacific, we will delve into the evolving landscape of LNG bunkering on a global scale.

Statistic 1

"Europe dominated the global LNG bunkering market in 2016, with a market share of 52.5%."

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Statistic 2

"The market in Asia Pacific was the second-largest market in 2016, accounting for a market share of 4.9%."

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Statistic 3

"88% of LNG bunkering takes place in Europe and Asia."

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Statistic 4

"As of 2020, 175 LNG-fueled ships are in operation globally."

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Statistic 5

"By 2030, the LNG bunkering market is projected to reach 22 million tonnes annually."

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Statistic 6

"By 2020, the LNG bunkering fleet consisted of 24 active vessels globally."

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Statistic 7

"As of 2019, there were 154 confirmed LNG bunkering infrastructure projects globally."

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Statistic 8

"As of 2020, Japan had the largest number of LNG bunkering vessels."

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Statistic 9

"Global LNG bunkering demand is expected to surpass 30 mtpa (million tonnes per annum) by 2025."

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Statistic 10

"As of 2020, Norway has the largest share of LNG-fuelled fleet."

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Statistic 11

"Europe remained the largest demand center for LNG as a marine fuel in 2020, with a demand of 1.94 million tonnes."

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Statistic 12

"There are currently more than 180 LNG-powered vessels in operation and more than 200 on order."

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Statistic 13

"Port of Rotterdam, Europe's largest seaport, plans to increase its total share of LNG bunkering to about 30% by 2030."

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Statistic 14

"62% of the LNG bunkering vessels operating worldwide are deployed in North West Europe."

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Statistic 15

"LNG accounts for only about 12% of the bunker demand in the port of Singapore, Asia's largest maritime refueling hub."

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Statistic 16

"By the end of 2020, six LNG bunkering vessels were operating in Asia."

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Statistic 17

"As of 2019, there were 13 operational LNG bunker vessels globally."

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The statistics presented shed light on the current landscape of the LNG bunkering industry, showcasing a clear dominance of Europe and Asia in the market share and operational infrastructure. The projections for future growth indicate a significant expansion in demand globally, with key players like Japan and Norway already establishing strong footholds in the industry. The data also highlights the regional disparities in LNG bunkering adoption, with Europe leading the way in infrastructure development and operational vessels. As the industry continues to evolve, it will be crucial for stakeholders to adapt to changing demands and regulations to ensure sustainable growth and environmental impact mitigation.

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