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Swedish marine fuel seller ScanOcean says it has commenced physical supply operations in Finland, enabling the company to deliver marine fuels at major Finnish ports.
The company will supply DMA-specification marine gasoil (MGO) and says it plans to offer a variety of renewable marine fuels in the near future. Operations will be managed through ScanOcean's sales desk in Sweden, with on-the-ground coordination carried out through a network of local contractors and partner companies.
ScanOcean has entered into an off-take agreement and collaboration with ST1 Finland, providing access to ST1's storage network across Finland. ST1 operates terminals for storage and a transport system integrating sea, road, and rail operations in the Nordic region.
To support the expansion, ScanOcean has established a wholly owned Finnish subsidiary, ScanOcean Finland Oy Ab, registered and based in Pargas (Parainen).
Jonatan Karlström, managing director of ScanOcean, said: "This expansion into Finland marks a significant step in our strategy to become the leading Nordic supplier of marine fuels. The Finnish market closely mirrors the Swedish one in terms of fuel demand and customer base. By establishing physical supply capabilities in both regions, we're strengthening our ability to serve our clients with flexibility, reliability, and local presence."
ScanOcean was established in 2013 and operates as a physical supplier in Sweden, where it delivers marine fuels by truck, barge, and ex-pipe facilities. The company has partnerships with Neste for distribution of marine fuel products in Sweden.
ScanOcean also recently opened a London office, in September, to expand its international trading activities.
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