Finnish shipping company ESL Shipping will become the first shipping company in the world to start using the new low-emission co-processed Neste Marine™ 0.1 marine fuel in its ships in Finland and Sweden. ISCC PLUS* certified marine fuel can reduce life cycle greenhouse gas emissions by up to 80%** compared to fossil fuels without compromising product quality and performance.
ESL Shipping is the leading dry bulk carrier in the Nordic and Baltic regions. Constantly seeking sustainable shipping solutions, ESL Shipping strives to minimize the negative environmental impacts of its fleet.
“Co-processed marine fuel is something we have been waiting for a long time. ESL Shipping is committed to leading the way in reducing greenhouse gas emissions from the shipping industry, and now we are fortunate to be able to use this low-emission alternative without having to modify the fleet. We believe this is the right thing to do, and I am confident that we in the Nordics are well placed to lead the way for the global shipping industry,” said Mikki Koskinen, Managing Director of ESL Shipping. .
“Supporting the shipping industry towards carbon neutrality requires partnerships, all available solutions and new innovations. We are proud of the solutions we have provided to the global aviation and road transport sectors to reduce greenhouse gas emissions, and it is a big step for Neste to be able to offer similar solutions to maritime transport as well. . After all, since 90% of global trade and 13% of global transport emissions are the result of the shipping industry, it needs low-emission solutions that are already available today,” says Sveta Ukkonen, Head of marine fuels and services at Neste.
Neste Marine 0.1 Co-Processed Marine Fuel is currently in a pilot phase and is produced at Neste’s refinery in Porvoo, Finland, where part of the fossil feedstock has been replaced with renewable feedstock in the conventional refining process . Alternate fuel can be used without any modifications to the fleet as it has a composition similar to conventional bunker fuels.
Co-processed marine fuel meets ISO 8217 standard with consistent refined quality. The sustainability characteristics of co-processed marine fuel are certified with the International Sustainability and Carbon Certification (ISCC PLUS) with a mass balance approach.