Viking Line starts to run vessels on bio-LNG to generate compliance for Gasum’s FuelEU Maritime pool
The collaboration enables a substantial increase in compliance supply as demand for FuelEU Maritime pooling heats up towards the end of the year.
Viking Line has started to run it’s two ro-ro vessels Viking Glory and Viking Grace on bio-LNG in order to generate compliance for Gasum’s FuelEU Maritime (FEUM) pooling service. This move is based on the Letter of Intent (LOI) that Viking Line and Gasum signed at the end of 2024 on developing the pooling collaboration.
Viking Grace and Viking Glory both sail daily between the Finnish Port of Turku and Swedish City of Stockholm transporting cargo and passengers across the Baltic Sea. The regular route brings valuable predictability to the amount of compliance generated for the pool.
“Demand for FEUM pooling is becoming so high that it would not be possible for Gasum to generate the needed compliance using just its own bunkering vessels anymore. That is why it is central to the scale and stability of our service that we are able to collaborate with a trusted partner such as Viking Line to expand the service to a larger group of shipowners. It’s great to deepen our long relationship with Viking Line through this collaboration even further”, says Jacob Granqvist, Gasum’s Vice President, Maritime.
“We at Viking Line aim to be among the frontrunners as Finnish maritime shows the world how to transition to a fossil-free future. We have been offering our passenger and cargo customers the chance to buy biogas for their leg between Turku and Stockholm for two years now. This new move enables us to increase our bio-LNG use to 50 percent, allowing for substantial emission cuts on the route. We are more than happy to work with Gasum to help the whole European maritime industry reduce emissions by using more biofuel”, says Jan Hanses, CEO of Viking Line.
Reliable pool, verified by DNV
Gasum’s pooling service is an easy and reliable way for shipping companies to save on compliance costs and promote the use of low-emission fuels at the same time. Gasum manages the pool, supplies the bio-LNG and offers over-compliance to shipping companies with conventional fuel vessels.
Further, Gasum uses DNV’s technology to collect and validate the pool’s fuel consumption and emissions data. At the end of the year, DNV will verify the pool’s balance for EU reporting purposes.
Gasum uses waste-based liquefied biomethane (bio-LNG) in designated vessels with dual-fuel propulsion to generate regulatory compliance on behalf of the off-takers in the pool. Bio-LNG is a fully renewable fuel, with life-cycle greenhouse gas emissions that are, on average, 90 percent lower compared to traditional fossil fuels like marine gasoil (MGO).
FuelEU Maritime is a European Union regulation designed to reduce the carbon intensity of fuels used in European maritime transport. To facilitate compliance, the regulation allows for the voluntary pooling of emission reductions between vessels.
For further information please contact:
Jacob Granqvist, Vice President, Maritime, Gasum
+358 40 483 9129, jacob.granqvist@gasum.com
Dani Linberg, Head of Sustainability, Viking Line
+358 18 27000, dani.lindberg@vikingline.com
Johanna Boijer-Svahnström, Senior Vice President, Corporate Communications, Viking Line
+358 18 270 00, johanna.boijer@vikingline.com