Table of Content

1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16

2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 31
2.4 Emerging Opportunities and Market Trends 34
2.5 Porter’s Fiver Forces Analysis 38

3 Segmentation of North America Market by Fuel Type 42
3.1 Market Overview by Fuel Type 42
3.2 Very Low Sulfur Fuel Oil (VLSFO) 44
3.3 High Sulfur Fuel Oil (HSFO) 45
3.4 Marine Gas Oil (MGO) 47
3.5 Liquefied Natural Gas (LNG) 48
3.6 Other Fuel Types 50

4 Segmentation of North America Market by Fuel Grade 51
4.1 Market Overview by Fuel Grade 51
4.2 Bunker A 53
4.3 Bunker B 54
4.4 Bunker C 55

5 Segmentation of North America Market by Vessel Type 56
5.1 Market Overview by Vessel Type 56
5.2 Bulk Carriers 58
5.3 Tankers 59
5.4 Containers 60
5.5 General Cargo 61
5.6 Other Vessel Types 62

6 Segmentation of North America Market by Seller Type 63
6.1 Market Overview by Seller Type 63
6.2 Major Oil Companies 65
6.3 Leading Independent Sellers 66
6.4 Small Independent Sellers 67

7 North America Market 2022-2032 by Country 68
7.1 Overview of North America Market 68
7.2 U.S. 71
7.3 Canada 74
7.4 Mexico 76

8 Competitive Landscape 78
8.1 Overview of Key Vendors 78
8.2 New Product Launch, Partnership, Investment, and M&A 81
8.3 Company Profiles 82
Bomin Bunker Holding GmbH & Co. KG (Marquard & Bahls AG) 82
BP PLC 84
Bunker Holding A/S 85
Chevron Corporation 86
China COSCO Shipping Corporation Limited 87
Clipper Oil 88
Evergreen Marine Corp Taiwan Ltd. 89
Exxon Mobil Corporation 90
Fuel Suppliers 91
Gazprom Marine Bunker LLC 92
Gulf Agency Company Ltd. 93
Neste Corporation 94
Pacific International Lines Pte Ltd. 95
PJSC (Lukoil Oil Company) 96
Shell Plc 97
TotalEnergies SE 98
World Fuel Services Corporation 99
Yang Ming Marine Transport Corporation 100
RELATED REPORTS 101



List of Figures



Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. North America Bunker Fuel Market, 2022-2032, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of North America Bunker Fuel Market 25
Figure 7. World Shipbuilding Capacity by Country, 2013 – 2026F, million CGT 28
Figure 8. Fleet Market by Region of Beneficial Ownership, 2022, Millions of dead-weight tons 28
Figure 9. World Crude Oil Production, 2000-2021, million tons 30
Figure 10. Primary Restraints and Impact Factors of North America Bunker Fuel Market 31
Figure 11. Investment Opportunity Analysis 35
Figure 12. Porter’s Fiver Forces Analysis of North America Bunker Fuel Market 38
Figure 13. Breakdown of North America Bunker Fuel Market by Fuel Type, 2022-2032, % of Revenue 43
Figure 14. North America Addressable Market Cap in 2023-2032 by Fuel Type, Value ($ mn) and Share (%) 43
Figure 15. North America Bunker Fuel Market by Fuel Type: Very Low Sulfur Fuel Oil (VLSFO), 2022-2032, $ mn 44
Figure 16. North America Bunker Fuel Market by Fuel Type: High Sulfur Fuel Oil (HSFO), 2022-2032, $ mn 45
Figure 17. Total Number of Ships with Scrubbers Installed by the End of 2020 by Ship Type 46
Figure 18. North America Bunker Fuel Market by Fuel Type: Marine Gas Oil (MGO), 2022-2032, $ mn 47
Figure 19. North America Bunker Fuel Market by Fuel Type: Liquefied Natural Gas (LNG), 2022-2032, $ mn 48
Figure 20. World Cumulative LNG Carrier Fleet, 1991-2020 49
Figure 21. World Combined Capacity of LNG Carriers, 1991-2020, MTPA 49
Figure 22. North America Bunker Fuel Market by Fuel Type: Other Fuel Types, 2022-2032, $ mn 50
Figure 23. Breakdown of North America Bunker Fuel Market by Fuel Grade, 2022-2032, % of Sales Revenue 52
Figure 24. North America Addressable Market Cap in 2023-2032 by Fuel Grade, Value ($ mn) and Share (%) 52
Figure 25. North America Bunker Fuel Market by Fuel Grade: Bunker A, 2022-2032, $ mn 53
Figure 26. North America Bunker Fuel Market by Fuel Grade: Bunker B, 2022-2032, $ mn 54
Figure 27. North America Bunker Fuel Market by Fuel Grade: Bunker C, 2022-2032, $ mn 55
Figure 28. Breakdown of North America Bunker Fuel Market by Vessel Type, 2022-2032, % of Sales Revenue 57
Figure 29. North America Addressable Market Cap in 2023-2032 by Vessel Type, Value ($ mn) and Share (%) 57
Figure 30. North America Bunker Fuel Market by Vessel Type: Bulk Carriers, 2022-2032, $ mn 58
Figure 31. North America Bunker Fuel Market by Vessel Type: Tankers, 2022-2032, $ mn 59
Figure 32. North America Bunker Fuel Market by Vessel Type: Containers, 2022-2032, $ mn 60
Figure 33. North America Bunker Fuel Market by Vessel Type: General Cargo, 2022-2032, $ mn 61
Figure 34. North America Bunker Fuel Market by Vessel Type: Other Vessel Types, 2022-2032, $ mn 62
Figure 35. Breakdown of North America Bunker Fuel Market by Seller Type, 2022-2032, % of Revenue 64
Figure 36. North America Addressable Market Cap in 2023-2032 by Seller Type, Value ($ mn) and Share (%) 64
Figure 37. North America Bunker Fuel Market by Seller Type: Major Oil Companies, 2022-2032, $ mn 65
Figure 38. North America Bunker Fuel Market by Seller Type: Leading Independent Sellers, 2022-2032, $ mn 66
Figure 39. North America Bunker Fuel Market by Seller Type: Small Independent Sellers, 2022-2032, $ mn 67
Figure 40. Breakdown of North America Bunker Fuel Market by Country, 2022 and 2032, % of Revenue 69
Figure 41. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 70
Figure 42. U.S. Bunker Fuel Market, 2022-2032, $ mn 72
Figure 43. Canada Bunker Fuel Market, 2022-2032, $ mn 74
Figure 44. Bunker Fuel Market in Mexico, 2022-2032, $ mn 76
Figure 45. Growth Stage of North America Bunker Fuel Industry over the Forecast Period 78

List of Tables



Table 1. Snapshot of North America Bunker Fuel Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. Fleet Ownership and Registration by Main Economies, 1 January 2022, Number of vessels and Thousands of dead-weight tons 29
Table 5. Main Product Trends and Market Opportunities in North America Bunker Fuel Market 34
Table 6. North America Bunker Fuel Market by Fuel Type, 2022-2032, $ mn 42
Table 7. North America Bunker Fuel Market by Fuel Grade, 2022-2032, $ mn 51
Table 8. North America Bunker Fuel Market by Vessel Type, 2022-2032, $ mn 56
Table 9. North America Bunker Fuel Market by Seller Type, 2022-2032, $ mn 63
Table 10. North America Bunker Fuel Market by Country, 2022-2032, $ mn 69
Table 11. U.S. Bunker Fuel Market by Fuel Type, 2022-2032, $ mn 73
Table 12. U.S. Bunker Fuel Market by Vessel Type, 2022-2032, $ mn 73
Table 13. U.S. Bunker Fuel Market by Seller Type, 2022-2032, $ mn 73
Table 14. Canada Bunker Fuel Market by Fuel Type, 2022-2032, $ mn 75
Table 15. Canada Bunker Fuel Market by Vessel Type, 2022-2032, $ mn 75
Table 16. Canada Bunker Fuel Market by Seller Type, 2022-2032, $ mn 75
Table 17. Mexico Bunker Fuel Market by Fuel Type, 2022-2032, $ mn 77
Table 18. Mexico Bunker Fuel Market by Vessel Type, 2022-2032, $ mn 77
Table 19. Mexico Bunker Fuel Market by Seller Type, 2022-2032, $ mn 77
Table 20. Bomin Bunker Holding GmbH & Co. KG (Marquard & Bahls AG): Company Snapshot 82
Table 21. Bomin Bunker Holding GmbH & Co. KG (Marquard & Bahls AG): Business Segmentation 83
Table 22. Bomin Bunker Holding GmbH & Co. KG (Marquard & Bahls AG): Product Portfolio 83