Sign up
Log in Sign up
Tue 16 Dec 2014 12:52

Neste Oil starts selling 0.1% DMB MDO


Finnish firm introduces new MDO product ahead of new Emission Control Area (ECA) regulations in January.

Finnish oil firm and bunker supplier, Neste Oil, has begun quoting DMB specification marine diesel oil (MDO) with a maximum sulphur content of 0.1%.

Up until December 11, the marine fuel seller had been offering DMA specification marine gas oil (MGO) to clients as its main distillate product with a maxumum sulphur level of 0.1%.

Today, the company was quoting its 0.1% DMB MDO at $613 per tonne in Helsinki - $44 below the price of its DMA product, which Neste Oil says is an ultra low sulphur diesel (ULSD).

In Turku, the 0.1% DMB MDO price of $603 per tonne was also $44 below the price of its ULSD DMA product.

The launch of Neste Oil's new distillate product comes days before the implementation of new Emission Control Area (ECA) regulations for MDO. From January 1, 2015, the maximum permitted level of sulphur will be reduced from 1.0% to 0.1%.

Tallink’s MyStar vessel. Tallink targets full bio-LNG transition for Baltic shuttle vessels within a year  

Estonian ferry operator aims to replace all fossil LNG with renewable fuel on the Helsinki-Tallinn route.
Grimaldi's Grande Melbourne vessel. Grimaldi takes delivery of third ammonia-ready car carrier from Chinese shipyard  

Grande Melbourne is the third of seven vessels ordered from Shanghai Waigaoqiao Shipbuilding for Asia-Europe service.
BPCL and Cochin Port sign MoU. BPCL and Cochin Port sign MoU for LNG bunkering facilities  

Indian oil company and port authority agree to develop LNG refuelling infrastructure for vessels.
ClassNK Guidelines front cover. ClassNK publishes world-first guidelines for membrane-based onboard CO2 capture systems  

Classification society expands guidelines to cover membrane separation method for capturing ship exhaust emissions.
April Tan, Flex Commodities. Flex Commodities hires April Tan as lead trader for China  

Dubai-based marine fuels trader appoints experienced professional to Singapore office to drive regional expansion.
Contract signing ceremony. Yang Ming finalizes contracts for six methanol dual-fuel-ready boxships  

Taiwanese carrier signs deals with Japanese shipbuilders for vessels scheduled for delivery from 2028.
China’s Da Qing 268 vessel. China's first newbuild dual-fuel methanol bunkering vessel launched in Zhoushan  

Da Qing 268 can supply methanol and conventional fuels to ships at anchorage.
Graphic announcing Standard Fuel Oils FT recognition. Standard Fuel Oils recognized in Financial Times Europe's Long-Term Growth Champions  

Liverpool-based fuel supplier included in ranking of 300 European companies with sustained revenue growth.
Naming ceremony of Wilhelmshaven Express. Hapag-Lloyd completes newbuild programme with delivery of dual-fuel vessel  

German carrier christens Wilhelmshaven Express, marking completion of 12-vessel Hamburg Express class series.
Adani Ports and BPCL sign MoU. MoU signed to develop LNG bunkering facility at Vizhinjam  

Partnership aims to establish LNG refuelling hub for international vessels at Kerala.




 Recommended