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Earlier this month, Lukoil Marine Lubricants officially launched its iCOlube system, which is designed to optimize vessel engine performance and efficiency.

Held at the Orangery in Kensington Palace, Lukoil hosted a night of entertainment and socializing to mark the launch of the new system.

An audience of over 120 industry guests were treated to a variety of entertainment, including magician Laura London, singer Stephen Ridley and musicians Escala - all hosted by Canadian comedian Nicole Arbour.

Technical presentations were supported by interactive touch screen simulations of the iCOlube system, giving a real-time demonstration of how the system tailors cylinder oils to prevailing engine requirements and fuel type.

In a statement, Lukoil said: "This intelligent cylinder oil lubrication unit tailors the alkalinity reserve to engine load and fuel. The feed rate always stays at optimum level while only the fuel sulphur content needs to be entered. This way, it maintains best engine conditions, reduces oil costs, saves fuel and is environmentally friendly."