LNG Bunkering Market Report 2026

The lng bunkering market size has grown exponentially in recent years. It will grow from $2.33 billion in 2025 to $3.44 billion in 2026 at a compound annual growth rate (CAGR) of 47.3%. The growth in the historic period can be attributed to stricter maritime emission regulations, availability of lng as marine fuel, early adoption by cruise and ferry operators, investment in port bunkering facilities, regulatory support for cleaner fuels.

The lng bunkering market size is expected to see exponential growth in the next few years. It will grow to $15.57 billion in 2030 at a compound annual growth rate (CAGR) of 45.9%. The growth in the forecast period can be attributed to increasing transition toward low-emission marine fuels, expansion of global lng bunkering networks, rising adoption by cargo fleets, development of automated bunkering systems, growth in alternative marine fuel investments. Major trends in the forecast period include expansion of lng-fueled vessel fleets, growing development of lng bunkering infrastructure, rising adoption of ship-to-ship bunkering, increased focus on emission compliance, advancements in cryogenic fuel handling systems.

The rising number of vessels and ships is anticipated to drive the growth of the LNG bunkering market in the coming years. A vessel is defined as any floating structure that can be steered or propelled, either independently or with external assistance. LNG bunkering vessels facilitate ship-to-ship bunkering, supporting the expanding adoption of LNG as a marine fuel. For example, in February 2023, according to a report by BIMCO (Baltic and International Maritime Council), a Denmark-based non-governmental organization, the container fleet is projected to grow by 6.3% in 2023 and 8.1% in 2024, following a 4% increase in 2022. Supply is expected to rise by 11.3% in 2023 and 3.1% in 2024, as shifts in congestion and sailing speeds influence fleet productivity. Consequently, the growing number of vessels and ships will propel the LNG bunkering market forward.

Major companies operating in the LNG bunkering market are prioritizing the development of advanced LNG bunkering infrastructure, such as shore-to-ship LNG bunkering services, to improve fueling efficiency, safety, and supply flexibility for LNG-powered vessels. Shore-to-ship LNG bunkering services are terminal-based fuel supply systems that deliver liquefied natural gas directly from onshore storage facilities to vessels through fixed pipelines and loading arms, providing benefits such as high-capacity fuel transfer, stable supply operations, and reduced turnaround time at ports. For example, in April 2025, Osaka Gas, a Japan-based integrated gas utility company, introduced a shore-to-ship LNG bunkering service at its Senboku LNG Terminal, a dedicated LNG fueling solution designed to support the increasing adoption of LNG-powered ships and maritime decarbonization initiatives, featuring direct terminal-to-vessel fuel transfer, compatibility with large-scale LNG-fueled vessels, and integration with existing LNG supply infrastructure. This shore-to-ship LNG bunkering service enhances fueling reliability, operational efficiency, and the scalability of LNG supply for next-generation marine transport.

In February 2023, Seaside LNG, a US-based liquefied natural gas (LNG) production company, acquired the LNG Bunker Barge Clean Jacksonville from TOTE Maritime Puerto Rico for an undisclosed amount. This acquisition expands Seaside LNG's operational capabilities and strengthens its position in the growing LNG market. The bunker barge is designed to facilitate the refueling of LNG-powered vessels, aligning with the industry's shift toward cleaner energy solutions. TOTE Maritime Puerto Rico is a US-based provider specializing in LNG bunkering services.

Major companies operating in the lng bunkering market are World Fuel Services, Crowley Maritime Corporation, SHV Energy, Engie SA, Gaz-System, Petrochina, ENN Energy Holdings Limited, Sinopec, Guanghui Energy Company Limited, Woodside Energy, Santos Ltd., Nauticor GmbH & Co. KG, Engas, Edison S.p.A, LNG Croatio LLC, Klaipedos Nafta AB, Blue Grid Gas & Power, Polskie LNG S.A, Eagle LNG Partners, Pivotal LNG Inc., FortisBC, NorthStar Holdco Energy LLC, TOTO Maritime, Petrobras, Golar Power, YPF, Qatar Petroleum, ADNOC LNG, RasGas Company Limited, The Spanish Egyptian Gas Company, Damietta LNG Co, Petroliam Nasional Berhad, Sonatrach.

Europe was the largest region in the LNG bunkering market in 2025. The regions covered in the lng bunkering market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the lng bunkering market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The LNG bunkering market includes revenues earned by entities by providing shore-to-ship and LNG-powered ships LNG bunkering services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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