Neste Oil to supply new low sulfur marine fuel to Tallink Grupp's ferries
(Thomson Reuters ONE) -
Neste Oil Corporation
Press Release
9 December 2014 at 2 p.m. (EET)
Neste Oil to supply new low sulfur marine fuel to Tallink Grupp's ferries
Neste Oil and AS Tallink Grupp have signed a partnership agreement according to
which Neste Oil will supply low sulfur marine diesel oil to Tallink Grupp's
ferries making port calls in Finland. The marine diesel oil has less than 0.1
percent sulfur and thus fulfills the new EU Sulfur Directive requirements.
Tallink Grupp's ferries will bunker the new fuel in Helsinki and in Turku.
"We are eager to partner with Tallink Grupp as it is a well-known brand in the
Nordic countries and the Baltic States and a major player in the cruising
industry. Tallink Grupp shares our vision of cleaner traffic fuels and our low
sulfur marine fuel delivers clear environmental benefits." says Olli Vesamo,
Director in Neste Oil's Direct Sales.
"This collaboration opens up new market potential for Neste Oil. We are already
a major player in the Baltic Sea region on petroleum products used on land and
in the air. The new EU Sulfur Directive with its stringent environmental
requirements and our capability to produce cleaner traffic solutions now enables
us to take foothold also in the marine sector," he continues.
"Neste Oil's marine fuel solution meets our needs. The environmental and
technical quality of the product and the reliability of Neste Oil as a supplier,
as well as Neste Oil's expertise in logistics convinced us of the benefits of
this partnership. The new marine diesel oil will clearly reduce sulfur and
particle emissions in our marine traffic. Our customers will benefit a cleaner
environment that we as the leading and preferred shipping company in the region
can provide," says Mr. Tarvi-Carlos Tuulik, the Head of Ship Management of AS
Tallink Grupp.
The new low sulfur marine diesel oil has been developed by Neste Oil to comply
with the requirements of the EU Sulfur Directive, which will come into force at
the beginning of 2015. Its goal is to reduce the sulfur emissions from marine
traffic in Europe and in the SECA area (Sulfur Emission Control Area) that
covers the Baltic Sea, the North Sea, and the English Channel. Neste Oil'
solution is an interesting alternative for shipping companies, since its
introduction will only require minor technical modifications in the ships.
Neste Oil Corporation
Osmo Kammonen
Senior Vice President, Communications and Brand Marketing
Additional information:
Olli Vesamo, Director, Direct Sales, Neste Oil, tel. + 358 (0)10 458 8266
Tarvi-Carlos Tuulik, Head of Ship Management, AS Tallink Grupp, tel.
+372 6409948
Luulea Lääne, Communication Director, AS Tallink Grupp, mob: +372 5521296
Bunkering enquiries:
Jukka Uronen, Regional Sales Manager, tel. + 358 (0)10 458 8684
Venla Luomanen, Regional Sales Manager, tel. +358 (0)10 458 4321
Export cargo enquiries:
Suvi Molander, Key Account Manager, Oil Products, tel. +358 (0)10 458 5143
Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on low-
emission, high-quality traffic fuels. The company produces a comprehensive range
of major petroleum products and is the world's leading supplier of renewable
diesel. Neste Oil had net sales of EUR 17.5 billion in 2013 and employs around
5,000 people, and is listed on NASDAQ OMX Helsinki.
Neste Oil is included in the Dow Jones Sustainability World Index, and has
featured in The Global 100 list of the world's most sustainable corporations for
many years. CDP Forest has ranked Neste Oil as one of the best performers in the
oil & gas sector. Further information www.nesteoil.com
Tallink Group in brief
AS Tallink Grupp is the leading European ferry operator offering high-quality
short cruises, passenger transport services and ro-ro cargo services in the
northern Baltic Sea region. The company`s fleet consists of 18 vessels and
provides services to 9 million passengers annually under the brands "Tallink"
and "Silja Line". Since 2005 the shares of AS Tallink Grupp are listed on the
NASDAQ OMX Tallinn Stock Exchange.
AS Tallink Grupp has been committed to operating on zero spill policy, to using
sustainable technical solutions and to being a reliable partner to both the
customers and its 7000 employees. The company and its vessels have gained
numerous environmental certificates, including ISO 14001:2004. Further
information www.tallink.com
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Neste Oil Oyj via GlobeNewswire
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