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quirements in the current or future mar- is the high capital investment for these 700 ports worldwide, and we are recog- bricants to the marine market?

We don’t see any one driver – from ket, especially post-2020 IMO. scrubbers, particularly in today’s ship- nized as being world-class by our cus- energy ef? ciency to emissions reduction ping industry. tomers for providing solutions; I want to

New fuels present challenges and op- to alternative fuels – as bigger than the I think the jury is still out as to what will emphasize the word ‘solutions.’ As the portunities. There are many schools of other, but if you stand back and look at be the ‘fuel of the future,’ but increasing- marine arm of a global lubricants busi- thought on fuels of the future. What do drivers in totality, most likely the 2020 ly we will see more and more legislation ness in Chevron, we are supported by you see as the emerging trend?

IMO low sulphur regulation is going to on emission reduction. Cleaner fuels will a global supply chain organization to be the biggest driver going forward, af- The range of fuels is growing, and it probably be the way to go. ensure reliable supply to our network. fecting all of the factors just mentioned adds complexity. It is a challenge and an We made a conscious decision to not

IMO 2020 and the pending new fuel in one way or the other. opportunity. Before I address the fuel centralize our customer service teams in of the future, we are proud to supply the call-centers, rather we have left our CSR rules. In brief, how are you advising largest ? eet of methanol fuelled vessels teams in the regions to maintain relation-

Can you give an example of how one ship owners.

with our lubricants, and we are also on Most of our clients are in varying stag- ships with local owner operators, in most of these drivers has had a material im- the majority of the LNG fuelled two- es of readiness for 2020. Some custom- cases in the local language. This helps pact on your business?

The demand for energy ef? ciency has stroke vessels operating today. ers that have taken a position in terms to form a long-lasting relationship and led to new engine design and practices, With 2020 approaching, and with the of fuels or, alternatively like you see in the ability to understand our customer’s such as slow steaming, which led to con- ECA and SECA zones, alternative and the cruise sector, which has invested in business. We build partnerships, and it is ditions such as cold corrosion that we’ve hybrid fuels are becoming more impor- scrubbers. We’re working hard to help our goal to be the partner of choice. never seen before. We had to come with tant, but cost and availability is still an them make key decisions, mainly in re-

Every business, every position has its new products that meet the new chal- issue. I think it’s clear that LNG is a gards to fuel choice after 2020. At Chev- challenges. What is your biggest chal- lenges. Modern lubricant development clean fuel that will undoubtedly be one ron Marine Lubricants we are ready for lenge, and how are you addressing it?

has to be agile and keep up with chang- of the future forerunners, as cost-of-con- 2020 with our range of cylinder lubri- ing demands. Our primary focus is to re- version and availability is achievable. cants, as well as trunk piston engine oils, The biggest challenge is to lead the spond with solutions to new challenges The issue with LNG is that bunkering that can support the fuel decisions that organization to navigate this current quickly and cost ef? ciently. infrastructure currently is quite limited, our customers decide to take. We are a down cycle, and to position Chevron

It is evident that change today is com- however we are seeing increasing in- long way ahead on two-stroke LNG test- Marine Lubricants for growth during the ing more rapidly, and for us, having the vestment in this infrastructure globally. ing, and we have more experience than impending recovery. As we discussed, right product range, approved by the In Chevron we are preparing now for a most in terms of methanol applications. the maritime industry is changing rap-

OEM’s, is essential to maintain our posi- more widespread uptake in the technol- idly, whether it is through environmen-

The maritime industry is ‘global and tion in the market. ogy. Then you have to look at scrubbers, tal legislation, industry consolidation, or exhaust gas cleaners, and these are se- digitalization ... perhaps even disruptive mobile.’ From Chevron’s perspective, rious options as well. The retro? t market technologies. My job is to make sure our

With that, can you give an overview of what are the keys to building and main- has been limited, but when you look at organization is agile, and that we can your investment in Research and De- taining an effective, ef