Disclaimer: An online translation service was used in the production of the current editorial piece.
Russian oil producer Gazprom Neft on Monday (18 May) said Gazpromneft Marine Lubricants has expanded its network in the Mediterranean to 27 ports in Greece, 7 ports in Egypt, and 20 ports in Turkey.
To prevent the spread of COVID-19 the company says it has developed and introduced special non-contact procedures when Gazpromneft specialists liaise with vessel crew.
Gazprom Neft says its partner’s production facilities in Turkey and Greece, as well as its warehouse in Egypt, allowed it to maintain product availability and provide delivery on short notice in the region.
Both blending sites have successfully passed technical audits for compliance with international organisations.
Gazpromneft Marine Lubricants product portfolio includes 15 engine lubricants for use with various kinds of fuel, and also hydraulic, compressor, gear, turbine oils, special greases.
“Expansion of our supply network in the Mediterranean region is an important step towards setting up a comfortable infrastructure for customers’ businesses,” said Roman Miroshnichenko, Managing Director of Gazpromneft Marine Lubricants.
“Stable availability of oils in such heavy traffic regions as Suez and the Bosporus, as well as in the majority of other Mediterranean ports, allows to replenish supplies in the nearest point with short notice.”
Related: Gazpromneft Ocean engine lubrication oils now available in South Korea
Related: Gazprom Neft starts lubricants production from Singapore blending plant
Photo credit: Gazpromneft Marine Lubricants
Published: 22 May, 2020
‘Although those services are being provided right now, we need to develop them,’ says spokesman.
Firm had already set out long term plans to implement fleet modifications, GHG emission monitoring systems and switching to VLSFO bunker fuel 10 years ago.
The quantity in its stockpile on 30 June was 275,000 mt of LSFO and the marked-to-market value was USD -32 million, a much improved position from the last quarter.
‘Our move into Canada is exciting and will complement our North American bunkering operations and services effectively,’ says company CEO Carsten Ladekjær.
‘The Alfa Laval Service Agreement will help us safeguard long-term performance, for example by using data analysis to keep systems performing at their peak,’ says Dr. Loukas Barmparis.
Comments on a recent report which suggests Singapore could be losing market share to China come 2020.
Some bunker suppliers at various ports have even achieved their sales target for the year; the trend doesn't seem to be slowing down and suppliers are expecting a boom during end of September.
The company has entered a memorandum of agreement with Millenium Satu Ltd to acquire the 7,550 dwt oil tanker to increase service flexibility; vessel will be paid over an installment period of 36 months.
Deloitte & Touche JMs believe IPP has a viable claim against Dr Goh Jin Hian for breaches of his director’s duties to act with skill, care and diligence which he owned to IPP, states court document.
An earlier MPA notice outlined precautionary measures for personnel to observe when conducting marine refuelling operations at port in order to minimise the risk of contracting Covid-19.
Mok’s offence affected public confidence in the use of the MFM system onboard Singapore bunker tankers, and caused an embarrassment to the MPA, said Deputy Public Prosecutors.
‘The total amount of gratification involved is the highest ever in a local corruption case and there was a sustained period of offending,’ said CPIB DPP at the State Courts of Singapore.
