Gasum and Wasaline continue bio-LNG agreement through 2027
The companies reinforce their long partnership and commitment to developing sustainable maritime transport on the Baltic Sea.Nordic energy company Gasum and shipping company Wasaline have extended their agreement for bio-LNG supply to continue through 2027. This agreement continues to strengthen the companies’ long-standing partnership.
It also underlines both companies' commitment to developing cleaner maritime transport. Wasaline runs a carbon neutral shipping corridor between Finland and Sweden, as the company’s vessel Aurora Botnia uses batteries and biogas to operate the route.
Wasaline’s vessel sailing between Finland and Sweden will run solely on Gasum’s liquefied biogas going forward.Nordic energy company Gasum and Finnish shipping company Wasaline have agreed that Gasum will provide only liquefied biogas (bio-LNG) to Wasaline’s vessel Aurora Botnia going forward. The vessel transports passengers and freight daily across the Baltic Sea between the port of Vaasa in Finland and the port of Umeå in Sweden.
This move to using only fossil free fuel is made possible by Wasaline’s agreement to generate FuelEU Maritime compliance for one of Europe's leading ferry
Gasum Portfolio Services will manage shipping company Wasaline’s EU Allowances (EUA) portfolio. The EU emissions trading system has included the maritime sector since the beginning of this year. Outsourcing their emissions trading and EUA portfolio allows shipping companies to both manage and predict their costs.Wasaline has chosen Gasum Portfolio Services as their partner in EU Allowances (EUA) portfolio management. Managing and trading emissions allowances is topical for shipping companies as the EU Emissions Trading System (EU ETS) was extended to include the maritime sector at the