Global LNG Bunkering Market to Expand at 63.6% CAGR Due to Widespread Implementation of Emission Control Norms: Transparency Market Research
Strict implementation of emission norms is a key factor that drives the global market for LNG bunkering. Most vessel operators and shipping companies have begun exploring alternatives that would enable them to follow the emission norms that are being implemented these days. It is anticipated that 2015 onwards, the limit set on the sulfur content in fuels being used in emission control areas (ECAs) will be brought down.
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