Market Overview

Shell Launches Breakthrough Engine Oil for Shipping Industry

Shell (NYSE:RDS.A)(NYSE:RDS.B) today launched Shell Alexia S4, its most innovative marine engine oil in a generation. Unlike conventional cylinder oils, it can be used across a wide range of vessel and engine types, fuel specifications, loads and climates - from the Antarctic to the Amazon to the Suez Canal. This means vessels no longer need to carry multiple oils. Shell Alexia S4 also works effectively at any vessel speed, including slow and ultra slow - especially important to modern ships that have to vary speeds to reduce fuel consumption and meet strict timetables.

"Shell Marine Products has a proud heritage of working with our customers for over 100 years. We have developed a smarter engine oil to meet the evolving needs of the modern shipping industry," said Surinderdeep Singh, General Manager of Shell Marine Products. "Shell Alexia S4 offers operational simplicity, cost reduction potential and proven performance under tough conditions."

The new formulation better protects engines, which can reduce maintenance and oil use, and reduces the need to shut down engines for repair. All this can deliver simpler operations and lower costs to today's vessel operators, facing a competitive market and increasingly tougher emissions regulations.

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