ESG for Responsible Maritime Growth

Our CII management programme operates at three levels — vessel, voyage, and fleet:

• Real-time AER (Annual Efficiency Ratio) tracking against IMO reference lines per vessel class
• Engine power limitation calibration reviewed bi-annually with class society verification
• Speed-consumption curve analysis using noon reports and AIS data correlation
• Hull fouling index monitoring — underwater inspections triggered at 5% performance degradation
• Trim optimisation tables loaded per vessel based on CFD analysis and model testing data
• Corrective action plans for any vessel trending below C-rating threshold, including slow steaming protocols, hull cleaning schedules, and propeller polishing intervals
• Annual EEXI compliance verification with class-approved technical files maintained for every vessel

Our fleet maintains an average CII rating of B/D, with a clear trajectory towards A/B ratings by 2028 through systematic operational and technical interventions.

We are actively preparing our managed fleet for the energy transition through a structured, phased approach:

• Completed LNG-readiness assessments on all tanker vessels — identifying retrofit candidates and cost-benefit analysis per vessel
• Methanol dual-fuel feasibility studies conducted in partnership with MAN Energy Solutions and WinGD for applicable newbuildings
• Biofuel (FAME B24/B30) compatibility testing completed on auxiliary engines — approved for blend operations in EU ECA zones
• Ammonia fuel safety assessment framework developed in alignment with IGF Code amendments and classification society provisional rules
• Bunkering infrastructure mapping across 40+ global ports — tracking LNG, methanol, and shore power availability timelines
• Crew training programmes covering alternative fuel handling, safety protocols, and emergency response procedures (IGF Code certified)

Our newbuilding supervision team specifies "future fuel ready" designs with dual-fuel capable engine rooms, tank arrangement flexibility, and ventilation systems that accommodate hydrogen-based fuels.

Every voyage is optimised for minimum fuel consumption while meeting charter party obligations:

• Weather routing via DTN / StormGeo integration — each voyage plan optimised for swell, current, and wind conditions along the route
• Just-in-time (JIT) arrival protocols coordinated with port agents to minimise anchorage waiting time — reducing idle fuel burn by up to 15%
• Speed-consumption optimisation using vessel-specific performance models — continuous refinement from noon report data analysis
• Hull and propeller performance degradation monitoring — cleaning interventions triggered when resistance increases 3-5% above baseline
• Trim optimisation software deployed on bridge — fuel savings of 1-3% per voyage through optimal ballast distribution
• Post-voyage analysis reports comparing planned vs. actual consumption, identifying improvement opportunities for future voyages
• Annual fleet fuel efficiency benchmarking against industry averages — published in quarterly investor reports

Our voyage optimisation programme has delivered an average 8% reduction in fuel consumption per tonne-mile across the managed fleet since implementation.

Our dedicated regulatory compliance team manages the complete EU emissions framework:

• EU ETS Phase III — managing emission allowance procurement strategy, compliance calendar, and surrender deadlines for all vessels trading in EU/EEA waters
• MRV reporting via EU THETIS platform — accurate fuel consumption and CO₂ emissions data submitted per voyage leg with class-verified monitoring plans
• FuelEU Maritime GHG intensity tracking — monitoring well-to-wake emissions against 2025 reference value and 2030 reduction targets
• Emission allowance cost modelling — forecasting EUA price exposure per vessel and advising owners on hedging strategies
• Pooling arrangement analysis — evaluating fleet-level compliance pooling to optimise allowance allocation across managed vessels
• Shore power readiness assessment for vessels calling EU ports subject to OPS requirements from 2030

We maintain 100% compliance across all managed vessels, with proactive allowance procurement ensuring zero penalties or late surrender charges.

Our ISO 14001:2015 certified environmental management system covers every operational aspect:

• Ballast water treatment — all vessels fitted with IMO D-2 compliant BWMS verified by class society type approval
• SOx compliance — fleet operates on 0.50% VLSFO globally with scrubber-fitted vessels maintaining continuous emissions monitoring in ECA zones
• NOx Tier III — SCR and EGR systems maintained on applicable vessels for ECA operations, with urea supply chain management
• Zero-spill protocols — comprehensive oil spill prevention procedures, SOPEP drills conducted quarterly, spill response equipment inspected monthly
• Garbage management plan (MARPOL Annex V) — waste segregation, recycling programmes, and shore reception facility coordination at every port
• Anti-fouling systems compliant with AFS Convention — TBT-free coatings with silicon-based hull performance systems on newbuildings
• Shipboard energy efficiency management plan (SEEMP Part III) maintained and updated annually

Zero environmental incidents recorded across the managed fleet — a record we are committed to maintaining through rigorous operational discipline.

Our decarbonisation roadmap is a living document, updated annually and aligned with the revised 2023 IMO GHG Strategy:

• 2025 checkpoint — 100% EEXI compliance achieved, fleet average CII at B/D rating, EU ETS Phase III fully integrated
• 2030 target — 20% absolute GHG reduction from 2008 baseline through operational efficiency, alternative fuels, and fleet renewal
• 2040 pathway — 70% reduction target supported by methanol/ammonia transition, dual-fuel newbuilding programme, and carbon capture technology evaluation
• 2050 net-zero — full fleet decarbonisation through zero-emission fuels, green hydrogen derivatives, and verified carbon offset mechanisms for residual emissions
• Scope 1 emissions tracked per vessel with quarterly fleet-level aggregation — published in annual ESG report
• Scope 3 emissions assessment covering supply chain, shipyard activities, and crew travel — framework aligned with GHG Protocol Corporate Standard
• Technology watch programme — actively evaluating wind-assisted propulsion, air lubrication systems, rotor sails, and solid oxide fuel cells

Our investors receive annual carbon intensity benchmarking reports with vessel-by-vessel CII trajectories, enabling informed fleet portfolio decisions aligned with climate risk frameworks.