Shell Marine Products (US) Company Awarded Significant Department of Defense Contract
16 November 2004 - 5:55AM
PR Newswire (US)
Shell Marine Products (US) Company Awarded Significant Department
of Defense Contract HOUSTON, Nov. 15 /PRNewswire/ -- Shell Marine
Products* (US) Company (SMP) has been awarded a Department of
Defense contract to support more than 150 government-owned ships in
the U.S. Navy's Military Sealift Command (MSC) fleet worldwide. The
company competed for the right to supply marine lubricants and
provide waste oil disposal services and related engineering support
services. The contract value is approximately $8.6 million and work
will be performed in various locations around the world for a
period of one year, starting January 1, 2005. The contract
represents a significant achievement for the growth aspirations of
SMP. It includes four one-year options, which if exercised, would
bring the total cumulative estimated value of this contract to
approximately $46.5 million. SMP will dedicate existing and new
resources to the fulfillment of this contract, which the company
believes will further cement the position it and its affiliates
hold as leaders in the global marine lubricants market. Michiel
Kool, CEO Shell Marine Products Limited, said, "I am delighted by
the award of the Military Sealift Command contract. This
demonstrates the strength of Shell Marine Products' offering to the
marine market. We look forward to serving MSC with world-class
products, services and technical support." *The expression Shell
Marine Products refers to the companies of the Royal Dutch/Shell
Group which are engaged in the marine business. Each of the
companies which make up the Royal Dutch/Shell Group of companies is
an independent entity and has its own identity. Shell Marine
Products has been providing high quality marine lubricants and
associated services to the international market for many years,
making thousands of deliveries per year through more than 860 ports
globally. In the U.S., Shell Marine Products (US) Company is, an
affiliate of Shell Oil Company. Shell Oil Company's subsidiary
Shell Oil Products US is a leader in the refining, transportation
and marketing of fuels, and has a network of nearly 7,500 branded
gasoline stations in the Western United States. Shell Oil Company
is an affiliate of the Royal Dutch/Shell Group of Companies
(NYSE:RDNYSE:SC). For more information, please visit
http://www.shell.com/ DATASOURCE: Shell Marine Products (US)
Company CONTACT: Karyn Leonardi-Cattolica of Shell Oil Products US,
+1-713-241-1578 Web site: http://www.shell.com/
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