Environment

Protecting our planet

Our policies, processes and systems ensure the highest standards of environmental protection across our assets. As regulations continue to intensify we continuously review our policies to ensure these are being met across the Group.

Clean air legislation continues to emerge as a key global concern. International Maritime Organization (IMO) regulations, reducing allowable sulphur emissions to 0.5%, have impacted businesses like ours across the supply chain. At the same time, our stakeholders expect us to demonstrate our commitment to sustainability and our responsibility to the environment.

Ship recycling

When it comes to ship recycling, Stolt Tankers and its preferred recycling yards operate in accordance with the International Maritime Organization’s (IMO’s) 2009 Hong Kong Convention for the Safe and

Environmentally Sound Recycling of Ships. All ships delivered for recycling hold an inventory of hazardous materials, certified by accredited auditing body DNV GL, and verifying that the vessel has been properly prepared. During recycling we maintain one to three surveyors onsite at the yard, to monitor the process first-hand from start to finish.

Stolt Tankers is a founding member of the SRTI (www.shiprecyclingtransparency.org), a ‘one-stop-shop’ for publishing information on ship recycling against a set of predefined disclosure criteria. This online platform has been jointly developed by key industry stakeholders to encourage shipowners to share their ship recycling policies. It offers stakeholders access to information on different companies’ approaches, enabling them to make informed decisions when choosing their shipping partners.