F+L Week 2019 | See Tien Tan | Marine Lubricant Market trends – Anticipating change
The current business environment is creating pressure on ship and power generation operators to economize by seeking options to reduce fuel consumption, reduce lubricant costs, and improve engine efficiencies. The International Maritime Organization (IMO) is firmly committed to reducing the sulfur content in bunker fuels from 3.5 wt% to 0.5 wt%. This paper will look at how these current and future trends will combine to create the need to identify, develop, and commercial- ize improved lubricants to address the changing performance requirements demanded by changes in marine engine designs and expanded slate of alternate marine fuels – such as distillate, LNG, and Low Sulfur Fuel Oils . The procedures and sequence of tasks required by Marine Engine Manufacturers to approve lubricants for shipping and power generation applications are described.