05 June 2019 – Shell Marine has provided clear evidence of the cost savings available when a customer chooses its medium-speed engine oil Shell Gadinia, after PT Indo Container Line (ICON Line) confirmed that reduced lubricant consumption led to longer oil-drain intervals and costs down by 58%.
Calculations made immediately after comparative trials for the Indonesian shipping line showed that a 58% cut in lubricant costs is available to ICON Line through the use of Shell Gadinia S3. Annualised, this is equivalent to saving USD 16,900 per vessel.
“We are delighted that following the change in oil, ICON Line vessels are operating more efficiently and more cost effectively,” says Eddie Chen, Shell Marine Regional Technical Manager, Asia Pacific. “After running engines using Shell Gadinia S3 40 for a period of time, independent laboratory tests confirmed that oil-drain intervals can be extended from 1,500 hours beforehand to 3,500 hours.”
ICON Line had been seeking a way to extend intervals between engine oil draining and replenishment on three of its four containerships without compromising on performance. The aim was to cut costs while also improving operational efficiency and reliability by reducing the risk of unplanned downtime. After a technical assessment of ICON Line’s existing engine oil use, Shell Marine’s team and local distributor PT Cahaya Samoedera Bersaudara recommended trialling Shell Gadinia S3 40. In addition, a high level of performance has been demonstrated in real operations on a number of different engine makes and models, including Wärtsilä 8L20; MAN 8L21, Caterpillar MaK 8M20 and Bergen C25:33L6A.
Shell Gadinia S3 40 is a high-quality, multi-functional diesel engine lubricant which is particularly suited for medium-speed main or auxiliary engines burning fuels with sulphur contents up to 1%, protecting against oxidisation and thermal degradation and minimising lacquering. The engine oil can also help extend engine life by reducing deposit formation in the piston ring belt and cylinder liners, by reducing the risk of ring sticking and breakage.
ENQUIRIES:
Shell Marine Global:
Sonia Meyer
+65 6880 9104
Sonia.Meyer@shell.com
ABOUT SHELL MARINE
Shell provides lubricants for the marine industry through its Shell Marine business. It serves over 10,000 vessels, ranging from large ocean-going tankers to small fishing boats in over 700 ports across 61 countries. The advice and technical services we provide help our customers achieve maximum value from using our lubricant products across all types of machinery and equipment on a ship.
Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.
Cautionary note
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this media release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this media release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.
This media release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition’, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this media release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this media release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2018 (available at www.shell.com/investor and www.sec.gov ). These risk factors also expressly qualify all forward looking statements contained in this media release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this media release, June 5th, 2019. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this media release.
We may have used certain terms, such as resources, in this media release that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.
