Tue 10 Nov 2015 11:33

Lukoil recognized for its 'technical innovation'


Russian firm was recently recognized for its contribution to the development of lubricants.

Lukoil Marine Lubricants was recently named the winner in the 'technical innovation' category at the annual SeaTrade Maritime Awards ceremony, held in Dubai.

The company was recognized for its contribution to the development of lubricants for the needs of the maritime industry. In particular, Lukoil developed a new series of biodegradable synthetic oils, which are said to meet the most strict modern requirements and safety standards. The company also introduced iCOlube - an intelligent cylinder oil lubrication system - in September.

Lukoil currently claims to have an 8.5 percent share of the global marine lubricants market. "Every twelfth sea ship uses Lukoil lubes," the company says.

Lukoil Marine Lubricants - a subsidiary of Russian oil giant Lukoil - was founded in 2007 as a standalone sales and marketing business focussing on the production and sales of marine lubricants worldwide. The company supplies lubricants in more than 900 ports in 74 countries.

The cruise liner Queeen Mary 2 and the container ships Borzan and MSC Oscar are three vessels that Lukoil says use its maritime oils.
Chart showing percentage of off-spec and on-spec samples by fuel type, according to VPS. Is your vessel fully protected from the dangers of poor-quality fuel? | Steve Bee, VPS  

Commercial Director highlights issues linked to purchasing fuel and testing quality against old marine fuel standards.
Ships at the Tecon container terminal at the Port of Suape, Brazil. GDE Marine targets Suape LSMGO by year-end  

Expansion plan revealed following '100% incident-free' first month of VLSFO deliveries.
Hercules Tanker Management and Hyundai Mipo Dockyard sign bunker vessel agreement Peninsula CEO seals deal to build LNG bunker vessel  

Agreement signed through shipping company Hercules Tanker Management.
Illustration of Kotug tugboat and the logos of Auramarine and Sanmar Shipyards. Auramarine supply system chosen for landmark methanol-fuelled tugs  

Vessels to enter into service in mid-2025.
A Maersk vessel, pictured from above. Rise in bunker costs hurts Maersk profit  

Shipper blames reroutings via Cape of Good Hope and fuel price increase.
Claus Bulch Klausen, CEO of Dan-Bunkering. Dan-Bunkering posts profit rise in 2023-24  

EBT climbs to $46.8m, whilst revenue dips from previous year's all-time high.
Chart showing percentage of fuel samples by ISO 8217 version, according to VPS. ISO 8217:2024 'a major step forward' | Steve Bee, VPS  

Revision of international marine fuel standard has addressed a number of the requirements associated with newer fuels, says Group Commercial Director.
Carsten Ladekjær, CEO of Glander International Bunkering. EBT down 45.8% for Glander International Bunkering  

CFO lauds 'resilience' as firm highlights decarbonization achievements over past year.
Anders Grønborg, CEO of KPI OceanConnect. KPI OceanConnect posts 59% drop in pre-tax profit  

Diminished earnings and revenue as sales volume rises by 1m tonnes.
Verde Marine Homepage Delta Energy's ARA team shifts to newly launched Verde Marine  

Physical supplier offering delivery of marine gasoil in the ARA region.

↑  Back to Top


 Related Links