Finland-headed oil refiner and renewable products major Neste Oyj and Sweden-headed international marine fuels trader and supplier ScanOcean AB have brought Neste’s marine fuel enabling lower greenhouse gas (GHG) emissions to the Swedish market. The first shipment of nearly 600 000 liters (500 tonnes) is now available at the Södertälje terminal for vessels bunkering in the Stockholm area as well as those in transit to Lake Mälaren.
Neste Marine 0.1 Co-processed helps the marine sector start reducing its dependency on fossil fuels as the fuel produced by Neste consist also of renewable content. In fuel production, crude oil is partly replaced with renewable raw materials.
We already have several interested clients, and we look forward to starting to deliver the co-processed DMA in which crude oil is partly replaced with renewable raw materials. This is one of many key steps in ScanOcean’s journey to build a portfolio of sustainable products and services. The new lower-emission DMA is an extremely attractive fuel in this respect, commented Jonatan Karlström, Managing Director at ScanOcean.
Toward more sustainable shipping
Neste Marine 0.1 Co-processed is a range of low-sulphur marine fuels (Neste MGO DMA and Neste MDO DMB) with a sulphur concentration of less than 0.1 percent, for the marine sector, including shipping companies, cargo owners, and charterers.
In the production of the fuel, crude oil is partly replaced with renewable raw materials, making up a marine fuel that consists of both fossil and renewable content.
According to Neste, the renewable part of the co-processed marine fuel enables up to 80 percent lower greenhouse gas (GHG) emissions over the fuel’s life cycle compared to fossil fuel calculated as per the EU Renewable Energy Directive II (REDII).
It is an ISO 8217 compliant and International Sustainability and Carbon Certification (ISCC PLUS) mass balance approach certified marine fuel.
In addition to the Swedish market, Neste Marine 0.1 Co-processed fuel is available in Denmark and Finland. The composition and performance of Neste Marine 0.1 Co-processed marine fuel is similar to conventional marine fuel.
I am proud that we now have solutions to reduce greenhouse gas emissions also in Neste’s marine fuel portfolio. We are very pleased that our long-term partner ScanOcean is offering our lower-emission marine fuel to shipping companies bunkering in Sweden, said Sveta Ukkonen, Head of Marine Fuels & Services at Neste.
