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Report Overview
The Genoa Bunker Fuel market reached a volume of 982.00 Kilo Tons in 2024. This market is further expected to grow at a CAGR of 3.71% between 2025 and 2034, and it is expected to reach to a volume of 1413.57 Kilo Tons by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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The Ports of Genoa are among Europe's largest, handling significant volumes of goods and passengers. They constitute Italy's foremost port cluster, renowned for handling diverse traffic and serving as the primary logistics hub for Northern Italy's industries.
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Genoa's pivotal position as a major Mediterranean port renders it a vital nexus for maritime commerce, leading to substantial bunker fuel demand.
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Western Ligurian Sea Port Authority which covers Genoa Port is striving to reduce dependence on fossil fuels by exploring techniques to increase green energy production by utilizing solar, wind, and ocean waves, and engaging in research on the adoption of innovative green fuels.
Genoa Bunker Fuel Market Competitive Landscape
The market players are engaged in price competition, service innovation, and strategic partnership to gain a competitive edge.
Alpha Trading SPA
Headquartered in Genoa, Italy, Alpha Trading SPA is a petroleum distribution company specializing in providing fuel and diesel to ships in ports. It serves as a bunker's supplier in the Mediterranean Sea and operates within the Italian domestic market, offering fuel oil, distillate, and modified bitumen.
Saras SPA
Founded in 1962, The Saras SPA engages in the energy sector and among Europe's independent oil refiners. It offers various fuel categories including diesel, gasoline, heating gasoil, LPG, virgin naphtha, aviation fuel, and bunkering.
Basile Petroli SPA
Basile Petroli SPA, headquartered in Taranto, Puglia, specializes in trading petroleum products, focusing on selling and distributing fuels and lubricants across interregional markets for various sectors including industries, agriculture, automotive, heating, and marine.
FRATELLI COSULICH S.p.A.
Founded in 1857, Fratelli Cosulich S.p.A. is engaged in marine fuel supply, delivering top-quality bunkering services globally. The Group specializes in maritime logistics, offering tailored solutions for ship management, agency services, and efficient supply chain management.
Enilive S.p.A.
Enilive S.p.A., a global energy company, is involved in natural gas and oil exploration, development, and extraction, alongside power generation from traditional and renewable sources, as well as refining and chemicals.
Genoa Bunker Fuel Market Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Genoa bunker fuel market reached a volume of 982.00 Kilo Tons in the year 2024.
The market is projected to grow at a CAGR of 3.71% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a volume of 1413.57 Kilo Tons by 2034.
The key types are residual fuel, distillate fuel, and others.
The end uses include containers, bulk carriers, general cargo, and tankers.
The commercial distributors are large independent, small independent, and oil majors.
The factors driving the market include the rising use of green and sustainable fuels, prominent logistics and shipping activities, and the growing usage of scrubbers.
The key players in the market include Alpha Trading SPA, Saras SPA, Basile Petroli SPA, FRATELLI COSULICH S.p.A., and Enilive S.p., among others.
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