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."


DP World London vessel. DP World names first methanol dual-fuel vessel at ceremony in Aarhus  

Marine services business, Shipping Solutions, names 1,250-TEU boxship with five-cylinder main engine.

Wind of Ocean vessel. LD Armateurs launches first of two SOVs for Vattenfall at Chinese shipyard  

Wind of Ocean features hybrid-electric propulsion and a double-ended hull design.

Business handshake. Singapore and Brazil sign MoU to establish green and digital shipping corridor  

Two countries will collaborate on maritime decarbonisation, digitalisation and alternative marine fuel supply chains.

WinGD logo. WinGD modelling shows retrofit pathways to net zero can pay off, but policy support remains key  

Fuel economics and regulation — not engine technology — are the main barriers to cost-effective decarbonisation retrofits, says report.

We are hiring graphic. Arte Bunkering seeks Mandarin-speaking senior bunker trader to establish presence in China  

European trading firm is expanding into China with its first on-the-ground hire.

Empire State Building, New York. Monjasa recruiting trader for New York team  

Experience in marine fuel or shipping an advantage but not a requirement.

Maritime Bunkering course participants. SSA launches training course to prepare maritime companies for Singapore’s mandatory digital bunkering  

Course designed to help companies evaluate the impact of digitalisation on their existing workflows and business processes.

Limassol cityscape. Monjasa opens two trader roles at Cyprus base, one for Italian speaker  

Experience in shipping or sales described as a requirement.

GRSE work order handing-over ceremony. GRSE wins West Bengal orders for two hybrid diesel-electric ferries  

Indian state-owned shipbuilder expands green inland waterway portfolio with latest contracts.

New Sea Generation (NSG) logo. New Sea Generation seeks experienced bunker traders in Greece  

Bunker trading firm is offering equity and a path to partnership.