Tue 17 Apr 2012, 15:21 GMT

OW Bunker launches global marine lubricants division


New division will provide a full range of lubricants to clients in cooperation with leading brands.



OW Bunker, one of the world's leading suppliers and traders of marine fuel, today announced the launch of a new global marine lubricants division.

The company says it will work in cooperation with leading brands in order to provide a full range of lubricant grades to customers, and will look to target further sales to specific target prospects on a worldwide basis.

The marine lubricants division will be headquartered in Piraeus, Greece, and lead by Stathis Grafakos [pictured], who has years of experience in the lubricants business. Further offices will be rolled out on a global basis over the coming months, OW Bunker said.

OW Bunker will provide a full range of quality marine lubricant grades in cooperation with leading lubricants brands, including products for main engines as well as synthetic products for special on board applications.

"The company will provide a full range of quality marine lubricant grades in cooperation with leading brands in marine lubricants, including products for main engines as well as synthetic products for special on board applications. OW Bunker will use its technical expertise to provide customers with a complete lubricants solution, focusing on reducing the total cost of lubricant spend, and focusing on providing customers with the right quantity and quality of product to ensure that unscheduled downtime is minimised," OW Bunker said.

The company will also provide an advanced after sales support service, mainly through its oil analysis programme, a tool that aims to simplify the lubrication monitoring process, while producing results that help guide maintenance professionals to make the best decisions for their operations.

Commenting on the new division, Stathis Grafakos said: "With our unparalleled expertise and knowledge of the fuel market, we have the capability to provide customers with specific lubricants solutions in line with their trading patterns and the type of fuel that they are using."

"Fuel oil is changing rapidly in line with new regulations, creating new pressures and stress for engines, which demands additional protection from new and advanced lubricants. Our partnerships enables us to provide customers with the latest high performance products that can help reduce operational costs and optimise the performance of their fleets."

Soren Christian Meyer, Global Sales Director, OW Bunker commented: "The launch of our lubricants division is a natural step for us as we continue to look at every avenue where we can add further value to our customers' operations. Our continual focus is on helping them to reduce costs, and increase both efficiencies and profitability within their operations. We understand the challenges that they face, and combining our knowledge of the fuel market to include the provision of lubricants solutions will enable us to have an even greater impact in achieving this."


Rolls-Royce mtu engine test bench. Rolls-Royce Power Systems switches German engine test facilities to HVO fuel  

Company saved 3,200 tonnes of CO2 by end of 2025 after switching to renewable diesel.

MSC Migsan delivery ceremony. Changhong International delivers final LNG dual-fuel container ship 205 days early  

Chinese shipbuilder completes 10-vessel series for MSC with delivery of 11,500-teu MSC Migsan.

Seoul city skyline. Oilmar seeks senior and mid-level bunker traders in Seoul  

Marine fuel firm aims to recruit experienced traders for South Korean operations.

Morten Thomas Jacobsen, GEA. Global Ethanol Association to present on ethanol marine fuel at London shipping expo  

Morten Thomas Jacobsen will discuss ethanol fuel trials and maritime decarbonisation challenges in June.

Adrian Tolson, IBIA. IBIA warns of structural shift in marine fuel market following Middle East tensions  

Association chair says geopolitical disruptions signal lasting changes to bunker supply dynamics and pricing.

HMM Hamburg vessel. Rotterdam bunker volumes plunge 25% in first quarter amid regulatory shifts  

Fossil fuel sales decline sharply while alternative fuels show modest growth in Dutch port.

Camellia Dream vessel. Norsepower completes factory tests for 18 rotor sails bound for Airbus fleet  

Wind propulsion units cleared for installation on LD Armateurs vessels targeting 50% emissions reduction.

Frankie Russ vessel. Ernst Russ acquires four chemical tankers with five-year charters worth $126m  

Hamburg shipowner enters tanker segment with methanol-ready newbuildings delivering from Q4 2026.

Ammonia fuel system component. Wärtsilä boosts ammonia engine power output to match LNG equivalent  

Finnish technology group raises Wärtsilä 25 Ammonia engine output, enabling simpler vessel designs.

Aerial view of a cruiseship at sea. Fincantieri secures order for three LNG-fuelled cruise ships from Princess Cruises  

Italian shipbuilder to construct vessels at Monfalcone yard, with deliveries scheduled through 2039.