Sign up
Log in Sign up
Wed 18 Dec 2013, 09:28 GMT

Lukoil: Reasons for lube sales success


Marine lubricant supplier explains the main factors behind its recent growth in sales.

Lukoil Marine Lubricants reports that sales increased by 74 percent in 2012 to approximately USD 200 million, according to the November 2013 edition of Maritime Reporter & Engineering News.

Lukoil Marine Lubricants CEO, Victor Zhuravskiy, is quoted as saying: "Totally supported by our parent company, we have succeeded in developing an efficient, global enterprise that is currently leading the sector in terms of growth."

Commenting on the importance of the company's site in Hamburg, Germany, Zhuravskiy said: "Here we are in close proximity to our customers, because Germany, and Hamburg in particular, remains one of the world’s most important shipping hubs. The combination of Russian raw materials, worldwide leading additive technology and German engineering has become a success factor for us."

In his evalutation of the main reasons for the company's success since its launch in 2008, Stefan Claussen, technical and marketing director at Lukoil Marine Lubricants in Hamburg, remarked: "We are constantly expanding our global network. In addition, we were the first company to recognize the requirement for new, high alkaline cylinder lubrication oil and began development at an early stage."

Claussen added: "The new operating conditions and new engines require a higher than ever level of alkalinity in the cylinder lubrication oil, which can be achieved either through increasing consumption or increasing cylinder lubrication oil alkalinity to, ideally, 100 mg KOH/g. Whether under slow steaming conditions or in the new consumption-optimized engines, the consumption of cylinder lubrication oil with a higher base number is significantly reduced by up to 25 to 45 percent and protection against wear is also enhanced."

Lukoil recommends the use of cylinder lubrication oils with base numbers of 70 and 100 mg KOH/g to its clients. The newly developed LUKOIL NAVIGO 100 MCL is considered to be a key product for the firm. "In cooperation with the engine manufacturers MAN and Wärtsilä, we have demonstrated the new oil’s performance capability on a variety of ship engines," said Claussen. "As an example, the wear rate was improved and cylinder oil consumption reduced in a state-of-the-art MAN S80ME-C Mk 9.2."

Photograph of Sallaum Lines' Ocean Breeze vessel with 'Introducing The Blue Corridor' overlaid text. Sallaum Lines launches Blue Corridor sustainability initiative for Europe–Africa ro-ro trade  

Company deploys LNG-capable vessels with AI routing and eco-speed protocols on new green shipping corridor.
The platform supply vessel Viking Energy. Eidesvik Offshore signs yard contract for ammonia retrofit of PSV Viking Energy  

Halsnøy Dokk to convert platform supply vessel as part of EU-backed Apollo project.
Vanquish tanker alongside Jette Theresa oil/chemical tanker docked at terminal. North Sea Port completes risk analysis for alternative fuel bunkering operations  

Port authority says LNG, hydrogen, methanol and ammonia can be safely refuelled across its facilities.
Container ship near a port. Ammonia emerges as most feasible alternative fuel for deep-sea shipping in 2050 emissions study  

Research combining expert survey and technical analysis ranks ammonia ahead of hydrogen and methanol.
Cargo vessel at sea. EMSA study examines biodiesel blend spill response as shipping adopts alternative fuels  

Research addresses knowledge gaps on biodiesel-conventional fuel blends as marine pollutants and response measures.
BIMCO ETS BARECON clause 2026 graphic. BIMCO adopts ETS clause for bareboat charters, delays biofuel provision  

BIMCO’s Documentary Committee has approved an emissions trading compliance clause while requesting further work on a biofuel charter provision.
SALEFORM 2025 standard form graphic. BIMCO and Norwegian Shipbrokers’ Association launch SALEFORM 2025 ship sale contract  

Updated agreement addresses banking changes, compliance requirements and environmental regulations affecting vessel transactions.
Everllence H2 test engine. Everllence develops hydrogen test bench for marine engines  

German engine maker upgrades Augsburg facility under HydroPoLEn project backed by federal maritime research funding.
CMA CGM Osmium vessel. CMA CGM names 13,000-teu methanol-fuelled containership in South Korea  

CMA CGM Osmium to operate on Asia–Mexico service as part of the carrier’s decarbonisation strategy.
NorthStandard logo. NorthStandard publishes biofuel guide as marine insurance claims emerge  

White paper addresses quality issues and compliance requirements as biofuel testing volumes surge twelvefold.




 Recommended