Tuesday, September 24, 2019

Neste Launches IMO 2020 Compliant Fuel

August 16, 2019

Image: Neste Corporation

Finland-based refiner Neste Corporation will begin to sell a low-sulfur marine fuel in northwest Europe in the fourth quarter of 2019.

From January 1, 2020, the International Maritime Organization (IMO) will enforce a 0.5% global sulfur cap on fuel content for areas currently with 3.5% limit.

In these areas, all vessels will be required to use fuel with a maximum sulfur content of 0.5%, unless they use exhaust gas cleaning systems.

Neste helps shipping companies to respond to the tightening regulation on sulfur dioxide emissions by offering them a new IMO2020-compliant marine fuel.

The Neste Marine 0.5, containing maximum 0.5% sulfur, will be introduced to the market during Q4/2019. By choosing Neste’s low-sulfur fuel, shipping companies will have a solution, which is easy to switch to, and guarantees immediate compliance with the global sulfur cap.

“Neste’s has always been in the forefront of developing cleaner and more sustainable solutions. This is also the key driver within our marine fuels business. Neste Marine 0.5 meets the stricter legislative requirements for maritime sulfur emissions, enabling smooth operations,” says Marko Pekkola, Executive Vice President of Oil Products at Neste.

Neste Marine 0.5 is manufactured in Neste’s refinery in Porvoo, Finland. Leveraging on its long-term refining expertise, Neste is able to ensure stable product quality and technical feasibility. These are verified by full scale fuel equipment system and engine tests in laboratory and on-board. The product meets the RMG 0.5 specification and ISO 8217:2017 standard requirements.

The product will be available in Northwest Europe. The exact locations and product’s technical specification will be released in the fall of 2019.

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