How a refiner uses shipping to achieve

As the shipping industry grapples with the increasing demands of climate regulations, independent refineries are playing a pivotal role in reshaping global energy logistics.

Neste, a leader in renewable fuels production, stands at the intersection of maritime transport and environmental sustainability. Although the company does not own vessels, it uses time-chartered shipping to transport its renewable diesel and other products, which is central to its decarbonisation strategy.

Neste’s involvement in shipping stems from its production of renewable fuels, including sustainable aviation fuel and renewable diesel.

However, ship ownership is not a priority for the company. “Ship ownership is not our core business,” Neste explained, “but we time charter vessels and are a customer of shipping companies.”