Together with its partner Nordic Marine Oil, Neste is piloting a new marine fuel in Scandinavia. The marine fuel enables up to 80% GHG emission reduction over the lifecycle compared to fossil fuels without compromising the product quality and performance.
este Marine 0.1 Co-processed marine fuel is produced at Neste’s refinery in Porvoo, Finland, where renewable raw materials are co-processed with fossil raw materials in the conventional refining process.
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The drop-in fuel can be taken in use without any fleet modifications as it has a similar composition to conventional bunker fuels. The co-processed marine fuel is ISO 8217 compliant with consistent refined quality.
The sustainability characteristics of the co-processed marine fuel are certified with International Sustainability and Carbon Certification (ISCC PLUS) with a mass balance approach.
For cargo owners and charterers, the product is an effortless and cost-efficient opportunity to reduce CO2 emissions in transportation and reach their own climate targets
said Steen Møller, CEO of Nordic Marine Oil.
In addition, Sveta Ukkonen, head of marine duels & services at Neste stated that in 2021, renewable products helped customers to reduce 10.9m tons of their GHG emissions.