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."


American Bureau of Shipping (ABS) logo. ABS introduces nuclear-ready notation for marine and offshore assets  

The classification society has released what it describes as an industry-first notation to support future nuclear conversion of vessels and offshore assets.

AiP handover ceremony for NEXTGEN Energy Hub (NGEH) design. ABS grants approval in principle for Seatrium’s NEXTGEN Energy Hub design  

The hub concept integrates ammonia bunkering, power generation and electric vessel charging in a single unit.

Jumbo Maritime crew aboard vessel. Jumbo orders two methanol-ready L-Class heavy lift vessels from Dajin Heavy Industry  

Dutch heavy lift specialist Jumbo signs newbuilding contract for two 25,000-dwt vessels.

China flag. Zhoushan completes first bonded bunker operation at Majishan port area  

The operation marks full fuel supply coverage across all general cargo terminals in Zhoushan's port system.

US dollar banknotes. Port of Long Beach launches $1m methanol bunkering challenge for oceangoing vessels  

A $1m prize aims to kick-start commercial methanol bunkering at one of North America's busiest ports.

Core Power, Athlos Energy, Deon Policy Institute and ABS logos. Greece floating nuclear study finds no fundamental barriers to implementation  

A PESTLE assessment of floating nuclear power plants in Greece identifies framework gaps, not feasibility barriers.

Northern Pathliner alongside Bergen LNG vessel. Molgas completes LNG cool-down and bunkering for Northern Pathliner at Northern Lights terminal in Norway  

Operation carried out at Øygarden facility, with K Line and Integr8 Fuels in the supply chain.

Rendering of a G2 Ocean OHGC vessel. G2 Ocean expands fleet with six future-fuel ready gantry crane vessels  

Open hatch specialist adds vessels and jet sail technology as part of a broad fleet renewal programme.

CMA CGM Adventure vessel at Port of Mombasa. LNG-powered CMA CGM Adventure makes first call at the Port of Mombasa  

Kenya Ports Authority receives its first large LNG-fuelled container vessel.

Liam Blackmore, Lloyd's Register. Maritime trio shapes IMO safety guidelines for ammonia as marine fuel  

Real-world operational experience feeds directly into new IMO ammonia fuel safety framework.