This high growth is attributed towards increasing hydrogen resource development activities in offshore areas resulting in increased requirement for bunker fuel and rapidly increasing bunker requirements in crude oil and product tankers. On the other hand, factors like fuel reduction initiatives by global shipping industry and emergence of LNG fuel technology as an alternative to bunker fuel are expected to challenge the growth of the global bunker fuel market in the coming years.
https://www.expertmarketresear....ch.com/reports/bunke