Neste introduces co-processed marine fuel

The ISCC PLUS certified marine fuel enables up to 80% GHG reduction in lifecycle emissions compared to fossil fuels without compromising the product quality and performance.

Neste 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. 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.

Nordic Marine Oil specializes in the supply of bunker fuels and lubricating oil to the shipping industry. Its storage tanks and bunker barges are located in key ports across Denmark, where also the new marine fuel will be available as of May 2022.

Nordic Marine Oil has started to build its sustainability offering, and the co-processed marine fuel is a first step enabling the shipping industry to reduce its GHG emissions. “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. The emission reduction is immediate and the solution is easy to implement as the shipowners are not forced to make any investments or changes to the vessel engines. Our strong partnership with Neste gives us the opportunity to supply tomorrow’s fuels for the maritime industry already today,” says Steen Møller, CEO of Nordic Marine Oil.

“At Neste, we are dedicated to helping our customers and the entire value chain to reduce their GHG emissions. In 2021, our renewable products helped customers to reduce 10.9 million tons of their GHG emissions. Maritime is one of the largest sources of transport emissions. We support shipping companies moving towards carbon neutrality and are introducing the Neste Marine 0.1 Co-processed marine fuel with an immediate emission reduction impact,” says Sveta Ukkonen, Head of Marine Fuels & Services at Neste.