Neste begins using coprocessed marine biofuel in 2 vessels transporting renewable diesel to Sweden

Photo: Neste Corp.

Beginning in May, two tankers transporting Neste’s renewable diesel from Finland to Sweden are being powered by lower-emission marine biofuel, namely Neste Marine™ 0.1 Co-processed fuel.

The tankers Suula and Kiisla will be using the Neste Marine 0.1 Co-processed marine biofuel produced at Neste’s refinery in Porvoo, Finland.

At the refinery, renewable raw materials are processed together with fossil raw materials in the conventional refining process.

Coprocessing raw materials enables control over quality through the entire process and results in a product with a composition and performance similar to conventional marine fuels.

Neste Marine™ 0.1 Co-processed fuel is an ISCC Plus-certified marine fuel and a lower-emission solution for marine professionals, including cargo owners and charterers.

Its use enables up to 80 percent lower greenhouse-gas (GHG) emissions over the fuel’s lifecycle compared to fossil fuel.

“We are committed to working with our suppliers and partners to reduce emissions across our entire value chain,” said Markku Korvenranta, executive vice president for the oil products business unit at Neste. “Powering two tankers transporting our renewable diesel with a marine fuel to reduce GHG emissions is yet another step towards reaching our sustainability targets.”

Over 90 percent of the world’s trade is carried by sea, making maritime transport essential to the global economy.

The International Maritime Organization has set ambitious targets for the maritime sector to reduce its emissions to combat climate change.

“Our aim is to support shipping companies in their transition towards carbon neutrality,” said Sveta Ukkonen, head of marine fuels and services at Neste. “A year ago, we introduced Neste Marine 0.1 Co-processed marine fuel to the market. The fuel is now commercially available in Finland and Denmark. As a part of Neste’s target to reduce emissions across our value chain, we have now started transporting our renewable diesel to Sweden in two tankers that run on lower-emission marine fuel themselves.”

Neste said it is committed to work with its suppliers and partners to reduce the indirect GHG emissions across Neste’s entire value chain (scope 3), including transportation of its products.

By the end of 2022, Neste had switched four vessels to more energy-efficient ones.

In March, Neste announced an agreement to charter two new lower-emission tankers from Terntank to transport raw materials and products.