Neste Launches IMO 2020 Compliant Fuel

Laxman Pai
Friday, August 16, 2019

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.

Categories: Fuels & Lubes Oil Fuel Environmental;Fuel

Related Stories

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

Sapura Energy Rebrands to Vantris Energy

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Rolls Out 17MW Floating Wind Turbine Prototype

China Rolls Out 17MW Floating Wind Turbine Prototype

CNOOC Finds Oil and Gas in South China Sea

CNOOC Finds Oil and Gas in South China Sea

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

Santos and QatarEnergy Agree Mid-Term LNG Supply

Current News

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

CNOOC Brings New Offshore Gas Field On Stream

photo

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com