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Neste and Nordic Marine Oil are piloting a new Neste Marine 0.1 Co-processed bunker fuel in Scandinavia which is said to enable an 80% GHG reduction over the lifecycle compared to fossil fuels.

The ISO 8217 compliant 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. According to Neste, the drop-in fuel can be taken used without any fleet modifications as it has a similar composition to conventional bunker fuels.

The sustainability characteristics of the co-processed marine fuel are certified with International Sustainability and Carbon Certification (ISCC PLUS) with a mass balance approach, Neste announced today (17 May).

‘Maritime is one of the largest sources of transport emissions,’ said Sveta Ukkonen, Head of Marine Fuels & Services at Neste. ‘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.’

Nordic Marine Oil’s storage tanks and bunker barges are located in ports across Denmark, where the new marine fuel will be available from this month.

‘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. ‘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.’

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