Neste to offer IMO 2020 compliant marine fuel from Q4 2019
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Neste Oyj, an oil refining and marketing company located in Espoo, Finland will be introducing its own blend of IMO 2020 compliant marine fuel to Northwest Europe from the fourth quarter (Q4) of 2019, it says.
Neste Marine 0.5 is manufactured in Neste’s refinery in Porvoo, Finland; the product meets RMG 0.5 specification and ISO 8217:2017 standard requirements.
The exact locations and product’s technical specification will be released in the fall of 2019.
“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,” said Marko Pekkola, Executive Vice President of Oil Products at Neste.
“Neste Marine 0.5 meets the stricter legislative requirements for maritime sulphur emissions, enabling smooth operations.”
From January 1, 2020, the International Maritime Organization (IMO) will introduce a 0.5% global sulphur 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 sulphur content of 0.5%, unless they use exhaust gas cleaning systems.
Photo credit: Neste
Published: 16 August, 2019
