Photo: Neste Corp. via Getty Images
August 15, 2019
BY Ron Kotrba
Renewable diesel producer Neste Corp. announced Aug. 15 it will introduce a new fuel, Neste Marine 0.5, in the fourth quarter of this year, helping shippers comply with the International Maritime Organization’s 2020 sulfur cap of 0.5 percent to reduce sulfur dioxide emissions. Come Jan. 1, the IMO will enforce a 0.5 percent global sulfur cap on marine fuel for areas currently with a 3.5 percent sulfur limit. In these areas, all vessels will be required to use fuel with a maximum sulfur content of 0.5 percent unless exhaust gas cleaning systems are used.
Neste Marine 0.5 is manufactured in Neste’s refinery in Porvoo, Finland. The product will be available in Northwest Europe. The exact locations where the fuel will be available, along with the product’s technical specification, are to be released this fall.
The company also announced it is partnering with McCall Companies to distribute its branded Neste MY Renewable Diesel in Oregon, which implemented clean fuels standards in 2016.
Advertisement
“McCall has been safely and reliably distributing fuels to our customers for more than 80 years,” said McCall Companies CEO Kevin Jones. “This partnership represents our commitment to Oregon’s role in a greener future while providing products that meet our customers’ requirements.”
Advertisement
Moeve has reached a strategic agreement with Grupo Armas Trasmediterránea to supply 2G marine biofuels in the Canary Islands, with approximately 40,000 tons to be delivered through December 2025 under a long-term contract.
Castle & Cooke Aviation, a premier provider of luxury FBO services, now offers sustainable aviation fuel (SAF) from Avfuel Corp. at Van Nuys Airport (VNY) in Southern California. The SAF produced by Neste.
General Index and ATOBA Energy are partnering to bring a brand-new vision of how SAF benchmarks are built. SAF indexes need to be tailored to the unique cost profiles of diverse production technologies, the companies said.
The Singapore Airlines Group has signed agreements with Neste and World Energy to acquire sustainable aviation fuel (SAF) and SAF certificates, respectively. The purchases include 1,000 metric tons of neat SAF from Neste.
Biomass Magazine has announced the dates for the 19th annual International Biomass Conference & Expo. The event is scheduled to be held March 31-April 2, 2026, in Nashville, Tennessee, at the Gaylord Opryland Resort & Convention Center.