global bunker oil market 2015-2019
TRANSCRIPT
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Global Bunker Oil Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Global Bunker Oil Market 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “The growing LNG market is propelling the global bunker oil market. LNG is considered as a suitable marine fuel and is used to efficiently reduce CO2 emissions. We expect that LNG will dominate the bunker oil market by the end of 2015. Also, the implementation of smart and efficient digital oilfields is propelling the global bunker oil market. Vendors are focusing on developing more robust and reliable oilfields.”
• Bunker oil is a fuel used by the shipping and marine industries. Bunker fuel represents around 65% to 70% of the total expenses for a vessel trip. Some ship operators prefer buying most of the required fuel for voyage from a single port that offers bunker fuel at a lower price, and others choose to spread their total fuel purchase over many ports.
• Technavio's analysts forecast the global bunker oil market to grow at a CAGR of 4.0 percent over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Bunker Oil Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list
of vendors view our report:
Global Bunker Oil Market 2015-2019
Bomin Bunker Holding GmbH & Co. KG
Chemoil International Pte Ltd.
KPI Bridge Oil London Ltd.
Bomin Bunker was founded in 1976 and is headquartered in Hamburg, Germany. It is an oil and gas company that caters to the shipping industry. It offers a wide range of residual and distillate fuel oils. Its focuses on diverse services starting from cargo trading to the supply of bunker fuels and lubricants.
Chemoil was established in 1981 and is headquartered in Singapore. The company partners with customers to optimize fuel procurement and management needs.
KPI Bridge Oil was incorporated in 1979 and is headquartered in London, England, UK. The company focuses on international bunker broking and trading. It offers fuels, lubricants, and ancillary services.
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Market Landscape
• Increased worldwide demand for energy, as well as rising demand for oil from the marine and shipping industries, will affect the growth of the global bunker oil market over the forecast period.
• Market development is wholly dependent on the cost-effectiveness and availability of bunker oil.
• We expect China, Australia, Malaysia, and Colombia to see the most significant growth in the market, considering the huge bunker oil facilities located in these countries.
• The market for bunker oil will continue to expand, driven by advances in production technology and the worldwide presence of more oil and gas reserves.
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Key Buying Criteria
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• Authenticity • Delivery • Price• Service
Support
Parameter Details
Cost-effectiveness
The overall cost of oil and gas should be low.
Efficiency Recovery of oil and gas by bunkers should be efficient.
Environmental impact
The environmental impact of setting up bunker oil should
be low.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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