LONDON, July 20, 2015 /PRNewswire/ -- About Bunker Oil
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.
TechNavio's analysts forecast the 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 the segmentation of the global bunker oil market based on fuel type and geography.
TechNavio's 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
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
• For a full, detailed list, view our report
Market Challenge
• Unstable Global Economic Conditions
• For a full, detailed list, view our report
Market Trend
• Increased Investment by Vendors
• For a full, detailed list, view our report
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 ?
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Companies Mentioned
Bomin Bunker Holding, Chemoil International, KPI Bridge Oil London, Sentek Marine & Trading, Transocean Oil, Apex Oil Company, Baltic Fuel Company, BP Singapore, Curoil, Hin Leong Trading, Lukoil-Bunker, Neste Oil, Riverlake Group, Stena Oil
Download the full report: https://www.reportbuyer.com/product/2947677/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
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