ScanOcean First to Sell Neste’s Marine Fuel in Sweden, Enabling the Marine Sector to Start Reducing Greenhouse Gas Emissions
08.17.2023 By Tank Terminals - NEWS

August 17, 2023 [Neste]- Neste and ScanOcean 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 metric tons) 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 the production of the fuel, crude oil is partly replaced with renewable raw materials.

“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,” says Sveta Ukkonen, Head of Marine Fuels & Services at Neste. 

“We already have several interested clients, and we look forward to start delivering the co-processed DMA* in which crude oil is partly replaced with renewable raw materials. This is one of many key steps in ScanOceans journey to build a portfolio of sustainable products and services. The new lower-emission DMA is an extremely attractive fuel in this respect,” comments Jonatan Karlström, Managing Director at ScanOcean.

Towards more sustainable shipping with lower-emission solutions

Neste Marine™ 0.1 Co-processed is a lower-emission marine fuel, or DMA, 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 consist of both fossil and renewable content. The renewable part of the co-processed marine fuel enables up to 80%** lower greenhouse gas (GHG) emissions over the fuel’s life cycle compared to fossil fuel. It is an ISO 8217 compliant and ISCC PLUS 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. 

*) Neste Marine™  0.1 is a range of low-sulphur marine fuels (Neste MGO DMA and Neste MDO DMB) with a sulphur concentration of less than 0.1%.

**) Emission reduction of the bio-based share of the product over the fuel’s life cycle compared to fossil fuel. The method used to calculate life cycle emissions and emission reduction is guided by the EU Renewable Energy Directive II (EU)2018/2001.

***) The sustainability characteristics of the marine fuel co-processed with renewable materials are certified with International Sustainability and Carbon Certification (ISCC PLUS and as of 2025 with ISCC EU) with a mass balance approach. 

 

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Finland's Neste Cuts Margin Target Again as Biofuel Prices Fall
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Finnish oil refiner and biofuel maker Neste narrowed down its annual ren... Read More
Virya, Partners to Invest in 25-MW Belgian Green H2 Project
07.26.2024 - NEWS
July 26, 2024 [Renewables NowBelgian holding company Virya Energy NV and its partners HyoffGreen ... Read More
Valero Plans to Run Refineries at 92% of Combined Capacity in Q3 2024
07.26.2024 - NEWS
July 26, 2024 [Reuters]- U.S. refiner Valero Energy Corp plans to operate its 14 refineries up to... Read More
Angola's New Cabinda Refinery to Start up Later this Year-CEO
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Angola’s new Cabinda crude oil refinery is on track to start up later ... Read More