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LNG Bunkering Vessel Market, Global Outlook and Forecast 2023-2032

The global LNG Bunkering Vessel market was valued at US$ 447.8 million in 2022 and is projected to reach US$ 549.5 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

LNG Bunkering is the practice of providing liquefied natural gas fuel to a ship for its own consumption. The key 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). LNG bunkering Vessels are used for refueling LNG-powered vessels at sea.
This report aims to provide a comprehensive presentation of the global market for LNG Bunkering Vessel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LNG Bunkering Vessel. This report contains market size and forecasts of LNG Bunkering Vessel in global, including the following market information:
Global LNG Bunkering Vessel Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global LNG Bunkering Vessel Market Sales, 2018-2023, 2024-2032, (Units)
Global top five LNG Bunkering Vessel companies in 2022 (%)


The global top three LNG bunkering vessel manufacturers include CIMC, Keppel Offshore & Marine, and Hudong Zhonghua Shipbuilding, with a total market share of about 90%. The largest manufacturer is CMIC, with a market share of more than 40%. South Korea is the global leading LNG bunkering vessel producing area. In terms of type, large-scale has a market share of over 45%. In the application field, the market share of vessel charter accounts for more than 71%.
We surveyed the LNG Bunkering Vessel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global LNG Bunkering Vessel Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Units)

Global LNG Bunkering Vessel Market Segment Percentages, by Type, 2022 (%)

  • Small-scale
  • Medium-scale
  • Large-scale

Global LNG Bunkering Vessel Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Units)

Global LNG Bunkering Vessel Market Segment Percentages, by Application, 2022 (%)

  • Civil
  • Military

Global LNG Bunkering Vessel Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Units)

Global LNG Bunkering Vessel Market Segment Percentages, By Region and Country, 2022 (%)

  • 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 LNG Bunkering Vessel revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies LNG Bunkering Vessel revenues share in global market, 2022 (%)
  • Key companies LNG Bunkering Vessel sales in global market, 2018-2023 (Estimated), (Units)
  • Key companies LNG Bunkering Vessel sales share in global market, 2022 (%)

 key players include:

  • Samsung Heavy Industries (SHI)
  • Hyundai Heavy Industries
  • Daewoo Shipbuilding & Marine Engineering
  • Kawasaki Heavy Industries
  • Keppel Offshore & Marine
  • Wison
  • Hudong-Zhonghua Shipbuilding
  • Mitsubishi Heavy Industries
  • Sembcorp Marine
  • STX Offshore & Shipbuilding
  • Japan Marine United Corporation

Outline of Major Chapters:
Chapter 1: Introduces the definition of LNG Bunkering Vessel, market overview.
Chapter 2: Global LNG Bunkering Vessel market size in revenue and volume.
Chapter 3: Detailed analysis of LNG Bunkering Vessel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, 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: Sales of LNG Bunkering Vessel 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global LNG Bunkering Vessel capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.