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Neste Oil transfers oil tanker Mt Stena Arctica under Finnish flag

Nordic Business Report, Feb 6, 2008

NORDIC BUSINESS REPORT-6 February 2008-Neste Oil transfers oil tanker Mt Stena Arctica under Finnish flag(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish oil company Neste Oil Corporation said on Tuesday (5 February) that the crude oil tanker Mt Stena Arctica will sail under the Finnish flag from 5 February 2008.

The ship, which has previously sailed under the Swedish flag, will now be managed by Neste Shipping.

The ship will be the largest vessel flying the Finnish flag, the company added.

The vessel is jointly owned by Neste Shipping Oy and Stena, Neste Oil said.

Neste Oil, headquartered in Espoo, Finland, is a refining and marketing company with two refineries in Finland. The company has some 4,600 employees. Neste Oil is listed on the OMX Nordic Exchange in Helsinki.

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