Growing demand for clean marine fuel will push the offshore bunkering market above $ 5000 by 2024 , according to Global Energy Insights . Increased concern for the environment , along with a number of government initiatives worldwide promoting natural gas as shipping fuel , will drive the demand , it said . In particular , US LNG bunkering is forecast to surpass 3,000 kilotons in 2024 due to shale gas emissions , while offshore 's LNG capacity is expected to reach 77.8 million metric tonnes ( m³ ) annually . Furthermore , as the global container vessel fleet is predicted to expand by 50 % by 2024 , ship - to - ship transfers will become more prevalent .
Growing demand for clean marine fuel will push the LNG bunkering market above $12bn by 2024, according to Global Market Insights. Increased concern for the environment, along with a number of government initiatives worldwide promoting natural gas as shipping fuel, will drive the demand, it said. In particular, US LNG bunkering is forecast to surpass 3,000 kilotons in 2024 due to shale gas availability, while Qatar's LNG capacity is expected to reach 77.8 million metric tonnes (mt) annually. Furthermore, as the global container vessel fleet is predicted to expand by 40% by 2024, ship-to-ship transfers will become more prevalent.