North European Oil Trade
VISITING ADDRESS:
Urho Kekkosen katu 5 C, 5th floor
00100 Helsinki, Finland

MAIL ADDRESS:
PL 55, 00088 S Group

Location on a map


SWITCHBOARD
phone: +358 10 768 0850
fax: +358 10 768 0859

CUSTOMER SERVICE
Weekdays 8 am to 4 pm
phone: +358 10 768 0862
e-mail: asiakaspalvelu (a) neot.fi

PRODUCT QUALITY SUPPORT
Weekdays 8 am to 4 pm
phone: +358 10 402 7001
e-mail: tuotelaatu (a) neot.fi
Copyright NEOT Group 2004-2018
 

Shipping

NEOT is an active player on the global shipping markets. We operate our cargoes on a worldwide basis but main activities are focused within the North and Baltic Sea area. The typical stem size varies from 1 kt to 30 kt and cargo grades shipped are all clean petroleum products.

Flexible supply chain

We perform all our operations with high safety standards by utilizing modern double hull vessels. Further we ensure a safe, cost effective and flexible supply chain by using high quality time-chartered tonnage, contracts of affreightment and spot voyage chartering. NEOT is constantly looking for new, responsible ways to work and always maintains the flexibility to respond to market changes.

Time chartered vessels

We have currently five time chartered vessels hired from Terntank Rederi A/S in Sweden. The purpose of operating time charter vessels is to secure the cargo flow to our terminals and customers located in the Nordic countries. Further NEOT offers these vessels to third parties whenever program gaps and market conditions provide opportunities.

  • Ternholm (15800m3, 2005, ice class 1A)
  • Ternvik (15800m3, 2001, ice class 1A)
  • Ternhav (15800m3, 2002, ice class 1A)
  • Ternsund (16500m3, 2016, ice class 1A)
  • Tern Sea (16500m3, 2016, ice class 1A)

Vessels

NEOT has currently five time chartered vessels and they are mainly operating at the Baltic Sea region.

MT Ternholm
  • MT Ternholm

    • Built: 2005
    • Ice class: 1A
    • DWT/CBM: 14825/15808
    • LOA: 141,2 m
    • Draft: 9,0 m
    • Flag: DIS
    • Time chartered by NEOT since December 2013

MT Ternvik
  • MT Ternvik

    • Built: 2001
    • Ice class: 1A
    • DWT/CBM: 14796/15808
    • LOA: 141,2 m
    • Draft: 9,0 m
    • Flag: DIS
    • Time chartered by NEOT since January 2014

MT Ternhav
  • MT Ternhav

    • Built: 2002
    • Ice class: 1A
    • DWT/CBM: 14796/15793
    • LOA: 141,2 m
    • Draft: 9,0 m
    • Flag: DIS
    • Time chartered by NEOT since Febuary 2014

MT Ternsund
  • MT Ternsund

    • Built: 2016
    • Ice class: 1A
    • DWT/CBM: 15000/16500
    • LOA: 147 m
    • Draft: 9,0 m
    • Flag: DIS
    • Time chartered by NEOT since August 2016

MT Ternsea
  • MT Tern Sea

    • Built: 2016
    • Ice class: 1A
    • DWT/CBM: 15000/16500
    • LOA: 147 m
    • Draft: 9,0 m
    • Flag: DIS
    • Time chartered by NEOT since December 2016

LNG-technology

NEOT is working to reduce the environmental impact of oil products within the supply chain by utilising new and energy-efficient LNG-technology to reduce current emission levels in the Baltic Sea area. In addition to other emissions we are also aiming to comply with IMO’s Tier III limit for NOx.

LNG-technology helps NEOT continue its environmentally friendly, cost effective and flexible operations in the Baltic Sea area, where the new sulfur emission limits came into force at the beginning of 2015.

Terntank Rederi AS ordered four new LNG-driven 15,000 DWT product tankers. Two out of these four have been contracted to NEOT. The first vessel was delivered to NEOT in August 2016 and the second December 2016.

New LNG-vessels meet the future regulations already in 2016. The LNG-vessels emission of particles is reduced by more than 90%, NOx by 80% and CO2 by 35%. The newly built ships also reduce greenhouse gas emissions by 35 to 40 percent compared to conventional tankers.

LNG-powered vessels are an important step forward for the development of the Baltic Sea region. LNG is already widely distributed in the Baltic Sea region and its distribution development will be key issue in order to fully utilize the environmental benefits of the new vessels.

Baltic SO2lution

LNG-project is called Baltic SO2lution and its application was granted EU support in, therefore this project is co-financed by EU. More information can be found via Zero Vision Tool, which is the project’s reporting page.

Co-financed by the European Union - Trans-European Transport Network (TEN-T)