As a substitute marine fuel, LNG (Liquefied Natural Gas) offers a practical way to adhere to pollution control regulations. Due to the high capital costs associated with LNG bunkering in the maritime environment, supply chain efficiency is essential. This paper suggests a model for streamlining the supply chain for ship-to-ship LNG Bunkering Market . A Multiple Period Maritime Fleet Size and Routing Problem is the name given to the relevant issue.The model determines the number and size of the LNG bunker barges as well as the best distribution network allocation for the barges inside a ship-to-ship bunkering framework, and then delivers an ideal solution as a tactical and strategic decision-making tool.
By figuring out the investment decision breakeven point, it also offers a financial framework for shipowners and suppliers.LNG bunkering is the practise of giving ships fuel made from LNG for their own use. In comparison to MDO and MGO, LNG produces significantly less NOx and has a lower sulphur content, all of which are advantages as a fuel. As a result, LNG Bunkering Market bunkering is expanding due to increased efforts to promote LNG as a bunker fuel. The expansion of the LNG bunkering sector is being influenced by rising shale production and expanding seaborne traffic. The market for LNG bunkering is expanding as a result of the rising demand for affordable and environmentally friendly marine fuel.
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