The new fuel should help the maritime sector reduce the greenhouse gas emissions (Source: Neste Corporation)

Nordic partners claim up to 80% GHG reductions with new hybrid fuel

Finland’s Neste Corporation and Danish marine fuel supplier, Nordic Marine Oil, have unveiled a new hybrid marine fuel that could offer substantial greenhouse gas (GHG) emissions savings of up to 80%.

The Neste MarineTM 0.1 co-processed fuel, produced at Neste’s refinery in Porvoo, Finland, will be available at Nordic Marine bunkering outlets across Denmark. The fuel combines renewable and fossil-based raw materials in a conventional refining process.

The result is an ISO 8217-compliant drop-in fuel that can be used without requiring engine modifications, the companies said. The fuel’s sustainability properties are certified through the International Sustainability and Carbon Certification (ISCC) mass balance approach.

Neste’s head of Marine Fuels and Services, Sveta Ukkonen, said: “Maritime is one of the largest sources of transport emissions. Based on the experiences gathered with Nordic Marine Oil, we will be expanding the availability of the product. The co-processed marine fuel is a strategic step for us to reduce the dependency on fossil resources by replacing crude oil-based raw materials partly with renewable raw materials.”

Steen Møller, Nordic Marine Oil CEO, commented: “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.”

Article Editorial staff Ship&Offshore
Article Editorial staff Ship&Offshore