Waste Oil Disposal Services News

Shell Marine Products (US) Company (SMP) has been awarded a Department of Defense contract to support more than 150 government-owned ships in the U.S. Navy's Military Sealift Command (MSC) fleet worldwide. The company competed for the right to supply marine lubricants and provide waste oil disposal services and related engineering support services. The contract value is approximately $8.6 million and work will be performed in various locations around the world for a period of one year, starting January 1, 2005. The contract represents a significant achievement for the growth aspirations of SMP. It includes four one-year options, which if exercised, would bring the total cumulative estimated value of this contract to approximately $46.5 million.