Finnish refiner Neste has announced a new 2020 compliant fuel will be made available to meet the IMO’s 2020 sulphur cap changes.
Neste said in a statement that it will help shipping companies to respond to the tightening regulation on sulphur dioxide emissions by offering them a new IMO2020-compliant marine fuel. The Neste Marine 0.5, containing maximum 0.5% sulphur, will be introduced to the market during Q4/2019. By choosing Neste’s low-sulphur fuel, shipping companies will have a solution, which is easy to switch to, and guarantees immediate compliance with the global sulphur cap.
Neste Marine 0.5 is manufactured in Neste’s refinery in Porvoo, Finland. Leveraging on its long-term refining expertise, Neste said it 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 onboard. The product meets the RMG 0.5 specification and ISO 8217:2017 standard requirements.
It will be available in Northwest Europe. The exact locations and product’s technical specification will be released later this year.
“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 sulphur emissions, enabling smooth operations,” said Marko Pekkola, Executive Vice President of Oil Products at Neste.