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Shell Marine Products launches new fuel efficient double hull barges in Singapore

Shell Marine Products (SMP) has just christened its new double hull barge Enchant, with an environment-friendly engine, demonstrating its leadership in marine safety standards. Time chartered from Hong Lam Marine Pte Ltd, these barges are equipped with diesel electric (DE) propulsion systems and will be the first of its kind in lubricants barges in Singapore. “Compared with traditional mechanical systems, these DE systems provide higher fuel efficiency and operational flexibility while at the same time, reduce emissions, noise pollution and vibrations,” said Lim Teck Cheng, Chief Executive of Hong Lam Marine Pte Ltd.
Double hull barge – Enchant

Shell's new double hull barge – Enchant

Responding to customers’ needs, these bulk barges are also designed to store pack products together, thus providing quicker delivery turnaround and reducing delivery complexity while improving SMP’s agility to meet urgent customer requirements. Their large bulk capacity of 1000DWT each will further strengthen SMP’s supply advantages in Singapore.

“Shell Marine Products always strives to put our customers at the heart of what we do. We understand the challenges they face and the environments they operate in. With the launch of our new double hull fleet, we hope to provide not just quality products, but also reliable delivery through safe, efficient and environment-friendly barges,” said Colin Chua, Regional Business Manager, Asia Pacific & Middle East of SMP.


The christening ceremony was attended by Surinderdeep Singh, General Manager (GM) of SMP and Eugene Tan, GM of Shell Lubricants Supply Chain on 28 March 2013 at Marina at Keppel Bay. Following Enchant, other sister barges – Endear, Enliven and Enthral will be commissioned in the coming months.

Enquiries:

Mich Villar - Shell Spokesperson, Asia Pacific, +632 4994740, mich.villar@shell.com

Oliver Lim – Global External Communications Advisor – Shell Marine Products, + 65 97278960, o.lim@shell.com

Notes to Editors

  • Shell Marine Products” is the brand under which Shell Group companies market marine lubricants products.
  • Our customers include shipping operators and fleet owners, and our lubricants are used in a vast range of marine vessels from large, ocean-faring container vessels to small fishing vessels.
  • We provide customers with a wide range of lubricants and greases to suit almost every piece of equipment on a ship. We offer a product portfolio of 80 lubricant grades in around 500 ports around the world. Our major lubricant grades are Shell Alexia, Shell Argina, Shell Gadinia and Shell Tellus.
  • Our most innovative marine lubricant is our wide-range cylinder oil Shell Alexia S4, formulated to withstand various types of oil stress under a wide range of operating conditions, helping ship operators reduce operating costs and complexity.
  • We push the boundaries of lubricant technology by working closely with marine engine manufacturing companies to develop products that deliver high performance, lower costs and meet fuel, environmental and economic challenges.

DEFINITIONS & CAUTIONARY NOTE:

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press 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 subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this press release refer to companies over which Royal Dutch Shell plc either directly or indirectly has control.

Companies over which Shell has joint control are generally referred to “joint ventures” and companies over which Shell has significant influence but neither control nor joint control are referred to as “associates”.

In this press release, joint ventures and associates may also be referred to as “equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect (for example, through our 23% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest. This press release contains forward-looking statements 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 ‘‘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 press 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. All forward-looking statements contained in this press 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 RoyalDutch Shell’s 20-F for the year ended December 31, 2012 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward looking statements contained in this press release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release 2 April 2013.

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 press release.

We may have used certain terms, such as resources, in this press 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. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.

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