LUKOIL Makes First Bulk Delivery in Novorossiysk
Since January 2014, the marine lubricant specialist LUKOIL Marine Lubricants Ltd. offers bulk supply of lubricant main grades in Novorossiysk, Russia’s main port on the Black Sea. On January 15, 2014 the first large order of Navigo 70 MCL was successfully delivered by barge. Novorossiysk is one of Russia’s most important export seaports and regularly frequented by a large number of cargo ships. Until recently, lubricant supplies were not available in bulk in this port. Vessels were able to bunker in Novorossiysk, but had to call at another port or Istanbul Roads for lubricant supply. This almost invariably resulted in longer routes and waiting times for the ships, going hand in hand with elevated costs for the ship owners.
Lukoil Develops Cylinder Oil Reducing Wear and Consumption
Maritime industry lubricant specialist Lukoil Marine Lubricants Ltd. reported that it expanded sales in the 2012 business year by 74% to around $200 million. Established in 2008, the subsidiary of Russian oil group Lukoil continues to grow rapidly. As for operative and technical expertise, since entering into the global lubricating oil business Lukoil has relied on its Hamburg site. “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 total success factor for us.” To round off the connection to Hamburg…
Lukoil Marine Lubricants increases turnover to $200 million
Specializing in lubricants for the maritime industry, Lukoil Marine Lubricants Ltd. increased its sales revenue in the past financial year 2012 by 74% to around $200 million. This result was announced by Lukoil Marine Lubricants’ CEO Victor Zhuravskiy in Hamburg. Founded in 2008, Lukoil Marine Lubricants is a subsidiary of the Russian oil company Lukoil. The company’s recent performance marks a continuation of its headlong growth. “Having full support from the parent company we’ve managed to build a truly global, efficient organization which is now the fastest growing company in the industry.
