Bunker Fuel Market to Reach US$ 196.19 Billion by 2031, Driven by Growing Maritime Trade and Shipping Activities
The global bunker fuel market is witnessing steady growth, supported by increasing maritime transportation, expanding international trade, and rising demand for energy across the shipping and offshore oil and gas industries. Bunker fuel is primarily used to power marine vessels, including container ships, tankers, bulk carriers, cargo vessels, and passenger ships. It plays a crucial role in...
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