Act as a responsible corporate serving the communities touched by the business and caring for the environment
The environment regulates various natural cycles that happens on daily basis, which help in maintaining the natural balance between living things and the environment. Various human activities are the major cause of environmental degradation and International Shipping which relies heavily on residual fuel emitting about 3 per cent of global carbon emissions is no exception to it.The most concerning is the Global rise in temperature resulting Climate change which can be directly attributed to rising GHG.
Having taken due cognizance of the fact we have adopted certain control on CO2 emission from our operative fleet through Ship Energy Efficiency Management Plan (SEEMP) even before the proposed IMO deadline of Jan 2013. Our new built vessels comply with the Energy Efficiency Design Index (EEDI) as per IMO guidelines. While operating vessels at low speed to reduce GHG emission remains the backbone of our short term strategy, other Technological advancement of main propulsion engines, hull appendages and related operational efficiencies are also incorporated into our new building vessels to fulfill our corporate responsibility.
Although our short term goal of reduction of GHG is targeted at 8% , our mid & long term goal is to reduce CO2 emission by 15-20% by 2024 and further to 30% by 2030.
All our vessels, owned and chartered, are fully compliant with all IMO regulations restricting marine pollution in all our maritime endeavors.
We also conform to below set rules as per our management directive:
Attained ISO 14001 certification on Environmental Management system.
Developed a Climate Change Policy with objectives of measuring carbon footprints and carbon abatement.
Regular monitoring of Bunker saving and Waste Management on Ships.
Regular audits of Ship-managers for owned vessels and extending of ISO 9001 / ISO14001 standards to vessel activities with onboard ship checks.
Participant of CDP as a upstream group company of Tatasteel which is one of our promoters.
6 Shenton Way
#18-08B, OUE Downtown 2
Singapore - 068809
Tel: +65 6262 2166
1401, PS Srijan Corporate Park,14th Floor,
Tower-1, Block-GP, Sector-V, Saltlake,
Kolkata - 700 091 (India)
Tel: +91 80173 44693
106, 10th floor
Maker chamber III
Nariman Point, Mumbai-400021
Tel: +91 75060 33935