UAE -based ADNOC Logistics Services (LS) is taking on bunker-saving air lubrication systems from Silverstream Technologies for six new LNG carriers...

The world leader in speciality lubricants, Klüber Lubrication showcases their state of the art solutions at the Auto Expo Components 2023 (January 12th to 15th, Pragati Maidan, New Delhi). There will be a special emphasis on their competence as a complete lubrication solution provider for all automotive needs, the latest generation of their 'noise kit', custom-made solutions for electric vehicles and strong focus on sustainability.

UK’s cleantech company Silverstream Technologies has signed a deal with China Merchants Energy Shipping (CMES) to install its air lubrication technology on four 175,000cbm LNG carriers being built at Dalian Shipbuilding Industry Company (DSIC).

Why do so many organizations believe lubrication is important yet have not acted to improve it? Is it due to a lack of confidence or simply not knowing where to start? Often, it is both. Building the business case to understand the financial impact of improper lubrication sheds light on the value proposition of an effective lubrication program. A study from ExxonMobil states that 5% of a plant’s maintenance budget is spent on purchasing lubricants, while 30% is spent on improper lubrication practices.

According to Persistence Market Research, the global automatic lubrication systems market totalled US$ 959.9 Mn at the end of 2021. Global demand for automatic lubrication systems is predicted to accelerate at a CAGR of 4.5% to reach a market revenue of US$ 1.55 Bn by the end of 2032