Zero excise duty on CNG and LNG has become a fact

From August 14, 2019, a zero excise duty rate applies to natural gas intended for combustion engines (CN 2711 11 00 and 2711 21 00), i.e. liquefied natural gas LNG and compressed natural gas CNG, and biogas (regardless of the code CN), hydrogen and biohydrogen (CN 2804 10 00) intended for propulsion of combustion engines.

UPM designs seven new vessels with the Spliethoff Group for its sea transportation in Europe

UPM enters into a long-term charter agreement with the Finnish Bore Ltd and the Dutch Wijnne Barends, both affiliates of the Dutch Spliethoff Group. Together, the companies will design and build seven state-of-the-art vessels for sustainable sea transportation for UPM in Europe.