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uncategorized ยท 4/17/2013

Freighter collides with the stern of the M/T Neste in the Bay of Bothnia

Neste Oil Corporation
Press Release
17 April 2013 at 12:15 p.m. (EET)

Freighter collides with the stern of the M/T Neste in the Bay of Bothnia

The M/V Varnebank, a Dutch freighter, struck the stern of a Neste Oil tanker, the M/T Neste, which was carrying a part cargo of diesel fuel, south of Kemi in the Bay of Bothnia at 18.05 EET on Tuesday, 16 April. Both vessels were following a route indicated by the icebreaker Odin when the M/T Neste became stuck in the ice. It was after this that the M/V Varnebank hit the stern of the tanker. The collision was of a minor nature and did not injure anyone or result in any damage to the environment. Crew of the Urho, another icebreaker, checked both vessels for damage and gave them permission to continue to the next port, where a more detailed examination will be carried out.

The authorities will carry out an investigation of the chain of events that led up to the collision.

Neste Oil Corporation

Osmo Kammonen
Senior Vice President, Communications, Marketing and Public Affairs

Further information: Arvo Ruotsalainen, Managing Director, Neste Shipping, tel. +358 (0)50 458 8205

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 17.9 billion in 2012 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 the Ethibel Pioneer Investment Register, and has featured in The Global 100 list of the world's most sustainable corporations for many years. Forest Footprint Disclosure (FFD) has ranked Neste Oil as one of the best performers in the oil & gas sector. Further information: www.nesteoil.com