The specialist marine and offshore lubricants supplier, LanoPro Production AS and Teekay Tankers Ltd., have continued their close co-operation by extending their supply agreement until 2021.
The agreement, signed in April 2018, commits the partners to supply and receive LanoPro’s range of Environmentally Acceptable Lubricants (EALs). Teekay Tankers is the world’s largest operator of mid-sized tankers.
Under the supply agreement, Teekay has access to the full EAL and conventional product range delivered from LanoPro’s worldwide supply hub network. Access to fast growing LanoPro’s dedicated order capture team and technical support continues, with fast delivery and response times a factor in the contract renewal. The high quality of the products is also an important factor for Teekay.
“We are pleased to continue our longstanding supply arrangement with LanoPro” said Geoff Thody, Contracts Specialist at Teekay. The arrangement is understood to be mutually rewarding; Teekay have guaranteed compliance for US EPA VGP regulations, plus superb products that dovetail with their environmental policy of being committed to protecting the global environment. Additionally, LanoPro’s recent award of EU Eco Label is assisting shipowners meet CSR targets and aligns with LanoPro’s “Keep our Seas Clean in 2018” campaign.
Many of our clients are showing more interest in complete EAL on deck lubrication solution, said Henrik Breddam, LanoPro Business Development Director. LanoPro can add value and provide this service, whilst allowing our customers to concentrate on their core business. EAL lubrication needs are taken care of, plus maintenance and ordering processes simplified. LanoPro’s delivery model eliminates annoying surprise extra charges such as; port differentials, pack differentials, bulk zonal charges and heavy under minimum quantity costs. This provides an economic, effective, efficient and environmentally viable lubrication solution for applications in sensitive areas.
LanoPro operates and manages probably the world’s fastest growing marine EAL supply service. Through its network of agents and distributors LanoPro supplies from strategically located delivery hubs in all major ports. The company specialises in supplying environmentally acceptable lubricants, application equipment and delivery solutions.
Teekay Tankers currently owns a fleet of 52 double-hull tankers, including 26 Suezmax tankers, 17 Aframax tankers, and nine Long Range 2 (LR2) product tankers, and has four capital leased Suezmax tankers and one contracted time charter-in vessel. Teekay Tankers’ vessels are employed through a mix of short- or medium-term fixed rate time charter contracts and spot tanker market trading. The Company also owns a Very Large Crude Carrier (VLCC) through a 50 percent-owned joint venture. In addition, Teekay Tankers owns a ship-to-ship transfer business. Teekay Tankers was formed in December 2007 by Teekay Corporation as part of its strategy to expand its conventional oil tanker business. Teekay Tankers’ common stock trades on the New York Stock Exchange under the symbol “TNK.”