Worldwide Bunker Oil Market Analysis and 2019 Forecasts Research Report

Bunker oil refers to the fuel that is utilized by the shipping and marine industries. Bunker fuel expenditure account for approximately 65-70% of the total trip expenses for a vessel, and ship operatives prefer buying bunker fuel from ports where the price is lower. Some operators prefer purchasing a major portion of the total fuel requirement for the voyage from a single port that offers bunker fuel at an economical price. However, this is not an industry wide situation as operators may spread their total fuel procurement over numerous ports.

The analysts forecast global bunker oil market to grow at a CAGR of 4.0 percent over the period 2014-2019.

Covered in this Report

The report covers segmentation of the global bunker oil market based on fuel type and geography.

The report, Global Bunker Oil Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. It also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Bomin Bunker Holding
  • Chemoil International
  • KPI Bridge Oil London
  • Sentek Marine & Trading
  • Transocean Oil

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Other Prominent Vendors

  • Apex Oil Company
  • Baltic Fuel Company
  • BP Singapore
  • Curoil
  • Hin Leong Trading
  • Lukoil-Bunker
  • Neste Oil
  • Riverlake Group
  • Stena Oil

Market Driver

  • Growing LNG Market

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Market Challenge

  • Unstable Global Economic Conditions

Market Trend

  • Increased Investment by Vendors

Key Questions Answered in this Report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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