Neste: We are excited to expand our cooperation with DHL to Singapore
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DHL Express and Neste have strengthened their collaboration to accelerate efforts in making air cargo transport more sustainable with a SAF deal signed in Asia. From July 2025, an estimated 9.5 million litres (7,400 metric tons) of Neste MY Sustainable Aviation Fuel will be supplied to DHL Express in Singapore through this contract, making this one of the largest SAF deals for air cargo in Asia in terms of volume.Under this contract, Neste will supply DHL Express with CORSIA-eligible SAF produced locally at its refinery in Singapore, the world’s largest SAF production facility, for a period of one year from July 2025 to June 2026. The SAF will account for about 35 to 40% of the overall fuel usage of DHL Express’ five Boeing 777 freighters based at South Asia Hub located at Singapore Changi Airport. These intercontinental flights depart from the airport 12 times a week, connecting Singapore to Asia and the Americas. This is also DHL’s first direct procurement of SAF for its flights going out of Singapore Changi Airport.Neste will deliver the SAF blended with conventional jet fuel into Singapore Changi Airport’s fuel distribution facilities using the company’s integrated supply chain from the Singapore refinery. Using Neste MY Sustainable Aviation Fuel™ reduces greenhouse gas emissions by around 80% over the fuel’s life cycle, compared to using conventional jet fuel.Christopher Ong, Managing Director for DHL Express Singapore, says, “This partnership with Neste to procure and uplift SAF for DHL Express’ international air cargo flights from Singapore is a significant milestone for us. Not only will it enable us to gain new strides in emissions reduction in air transport, but it also allows us to strengthen our commitment to customers to provide more sustainable shipping options. As one of the largest users of SAF globally, DHL Express is leading the way towards more sustainable logistics and driving voluntary demand for SAF adoption. We are not just meeting industry standards but setting them.Our usage of alternative fuels such as SAF also enables us to better understand the logistics needs for moving such fuels, helping our ambitions to grow a key sector, New Energy, under Strategy 2030.”The volume of SAF procured under this partnership is one of the largest purchased by DHL in the Asia Pacific region.The agreement will also contribute to Singapore’s target to reduce carbon emissions in the aviation sector through a 1% target of SAF usage for all passenger and cargo flights from 2026 onwards.Carl Nyberg, Senior Vice President Commercial, Renewable Products at Neste, says, “We are excited to expand our cooperation with DHL to Singapore, a leading aviation hub in Asia Pacific. It leverages our SAF production and supply capabilities in Singapore and demonstrates how we are working together with DHL globally to help the company achieve its air transportation decarbonization targets using a solution that is available at scale today.” Weiter zum vollständigen Artikel bei Post&Parcel
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Analysen zu Neste
Datum | Rating | Analyst | |
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29.10.2012 | Neste Oil hold | Société Générale Group S.A. (SG) | |
26.10.2012 | Neste Oil sell | UBS AG | |
26.10.2012 | Neste Oil reduce | Nomura | |
24.10.2012 | Neste Oil neutral | Exane-BNP Paribas SA | |
22.10.2012 | Neste Oil hold | Société Générale Group S.A. (SG) |
Datum | Rating | Analyst | |
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02.05.2012 | Neste Oil buy | Société Générale Group S.A. (SG) | |
16.04.2012 | Neste Oil buy | Société Générale Group S.A. (SG) | |
29.03.2012 | Neste Oil buy | Société Générale Group S.A. (SG) | |
09.12.2011 | Neste Oil kaufen | Fuchsbriefe | |
03.05.2011 | Neste Oil overweight | Barclays Capital |
Datum | Rating | Analyst | |
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29.10.2012 | Neste Oil hold | Société Générale Group S.A. (SG) | |
24.10.2012 | Neste Oil neutral | Exane-BNP Paribas SA | |
22.10.2012 | Neste Oil hold | Société Générale Group S.A. (SG) | |
29.08.2012 | Neste Oil neutral | UBS AG | |
03.08.2012 | Neste Oil neutral | Nomura |
Datum | Rating | Analyst | |
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26.10.2012 | Neste Oil sell | UBS AG | |
26.10.2012 | Neste Oil reduce | Nomura | |
15.03.2012 | Neste Oil sell | UBS AG | |
09.07.2008 | Neste Oil von H&A-Research-Liste genommen | Hauck & Aufhäuser Privatbankiers KGaA | |
01.10.2007 | Neste Oil sell | Société Générale Group (SG) |
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