Neste Oil to supply new low sulfur marine fuel to Tallink Grupp's ferries

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