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ExxonMobil enters marine lubricant MOU with COSCO Shipping

24 Apr 2019

ExxonMobil Marine Ltd. and COSCO Shipping Energy Transportation CO., Ltd. in early April signed a strategic cooperation memorandum to deepen cooperation in the fields of marine lubricant procurement, ship chartering and spot business.

President of COSCO Shipping Energy Liu Hanbo, Deputy General Managers Luo Yuming and Zhao Jinwen, Director of ExxonMobil Aviation and Marine Lubricants Pamela Skaufel, Director of ExxonMobil Marine Lubricants Frans Horjus, ExxonMobil Marine Lubricant North Asia Sales Manager Oliver Gao, and representatives from both sides attended the signing ceremony.

ExxonMobil says it is committed to providing partners with leading lubrication technology and comprehensive total marine solutions, and helping COSCO Shipping Energy create a more efficient and professional energy transportation system.

“COSCO SHIPPING Energy is our key partner. The signing of this memorandum will act as a key milestone for us and will stand as a testament to the fruits of our strong cooperation throughout the years,” notes Pamela Skaufel, Director of ExxonMobil Aviation and Marine Lubricants.

“With over 100 years of innovation in the marine market, we not only provide customers with high-performance lubricant products, but also professional services and lubrication solutions including Mobil Serv? Cylinder Condition Monitoring Services.

“In order to proactively face the upcoming IMO2020 fuel sulphur regulation, we are also providing COSCO Shipping Energy with total fuel solutions including fuel supply and management, lubricants and technical services, fully meeting the various needs of COSCO Shipping Energy and its customers, and contributing to the long-term development of the shipping industry.”

As a specialised company engaged in energy shipments such as oil and natural gas, COSCO Shipping Energy holds tanker transportation and LNG transportation as its two core businesses.

“We’ve long been providing professional and reliable shipping services to ExxonMobil, and ExxonMobil offers us high-performance lubricants and high-quality technical services, which help to effectively control marine operation costs, improve operational efficiency, and reduce energy usage and emissions.” Said Liu Hanbo, President of COSCO SHIPPING Energy,

“The signing of this strategic cooperation memorandum signifies an important achievement that comes as a result of our joint efforts. We’d like to take this opportunity to increase our communication even further and pioneer new breakthroughs, strengthening our cooperation in more fields.”

Photo credit: ExxonMobil
Published: 24 April, 2019


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