Sustainability

Sustainability is central to our strategy and operations

At Stolt Tankers, we recognise that how we conduct business affects our industry, our colleagues, our external stakeholders and the planet.

Sustainability is therefore a key part of our strategy and day-to-day operations and our goals range from reducing emissions and improving safety to supporting employee development and wellbeing.

We encourage all our staff to join us on this journey, to help us become sustainability pioneers in the maritime world and to drive our industry towards a more sustainable operating environment.

UN Sustainable Development Goals

Stolt Tankers is focused on two UN Sustainable Development Goals (SDGs), which are particularly important to us and our stakeholders.

When it comes to reducing the impact of our operations on climate change, we are focusing on reducing greenhouse gas (CO2) and other harmful emissions and replacing fossil fuels with sustainable alternatives.

We are involved in several research projects to support the industry on its journey to decarbonisation – particularly in the area of increasing efficiencies and exploring new, alternative fuels for ships – and our ships frequently serve as test beds for new equipment and systems.

We also understand how important it is to protect our marine environment and we are improving the way our business operates to reduce the waste we generate, maintain zero spills overboard and protect the biodiversity of the wider marine ecosystem.

Serious about safety

At Stolt Tankers, our commitment to zero harm for people and the environment is championed at all levels and in all areas of the business. Everyone understands their personal responsibility for ensuring a safe working environment for colleagues and safe operations for customers.

We recognise that our people are our most important asset, and their health, safety and wellbeing are our priorities. Through our Slashed Zero programme for seafarers, we focus on minimising operational risks and reducing personal injuries across our entire fleet, and supporting the mental health and wellbeing of our crews.

A key part of this is our robust training programme, which includes regular in-person training sessions onboard, online training that can be delivered remotely and a self-managed digital training portal.

We also conduct regular risk assessments, make sure we share success stories to encourage positive behaviour, and empower employees to take personal responsibility for their own safety.

More health and safety initiatives

Our annual Ship of the Year competition increases awareness of our health and safety procedures and raises standards across our fleet. Each year, ships are assessed on a range of performance criteria – covering safety, port state and customer inspections, audit results, off-hire, claims and cost-efficiency – and the winner and runners-up receive a donation to the ship’s communal onboard welfare fund.

We have developed training modules to support the mental health and resilience of our seafarers. These sessions have been particularly helpful during the Covid-19 pandemic.

We have a 24-hour online channel to improve ship-to-shore communications, which has led to many valuable solutions for keeping ships safe.

We conduct regular audits to spot-check navigation safety, and the learnings are used to develop training, refine procedures and hone our approach to fostering safe and harmonious teams.

A pioneering approach to protecting the environment

From cutting emissions and conserving water to managing energy consumption and reducing waste – at Stolt Tankers, our approach to environmental protection underpins everything we do.

  • We have committed to achieving three key environmental objectives:
    reduce our carbon intensity by 50% (relative to 2008) by 2030
  • operate at least one carbon-neutral ship by 2030
  • become a fully carbon-neutral business by 2050

We will achieve these aims by improving efficiencies in our existing operations, using advances in technology to develop new fuel-flexible ships leading to decarbonisation of the industry, and investing in new technologies for the design of new systems and to better conserve energy.

For ships already in operation, we focus on running them as efficiently as possible, and our programme of active voyage management helps reduce overall fuel consumption by sailing the optimal route at the optimal speed and trim.

We have an ongoing programme to retrofit devices that improve hydrodynamics and reduce the amount of fuel consumed. We are also exploring several other methods of lowering fuel consumption, including onboard flow meters for more accurate monitoring, devices that harness the power of the wind, optimising hull forms and propulsion plants for newbuildings.

 

Reducing emissions

In 2020, 102 of our ships that called at US ports were awarded the CSA Certificate of Environmental Achievement. And 45 ships that called at US ports during the past three years became eligible for the US Coast Guard’s QUAL21SHIP certification programme, which recognises the best-run ships. Less than 20% of all foreign-flagged vessels operating in the US meet these strict eligibility requirements.

Committed to going further

At Stolt Tankers, we constantly review our systems to ensure we are 100% compliant with applicable regulations and certifications. We also actively follow new sustainable developments in the industry, and we are working on several pioneering projects to cut emissions and promote decarbonisation, including:

  • becoming a partner in the HySHIP project, which is designing a RORO vessel powered by liquid hydrogen
  • using our expertise and strong industry relationships to explore the potential for biofuels and liquefied natural gas (LNG)
  • becoming a strategic partner to the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, committing to long-term collaboration around the development of zero-carbon solutions for the maritime industry
  • being among the 5% of worldwide shipowners committed to working towards a sustainable blue economy, with a focus on reducing single-use plastics. For us, the main sources are bottled drinking water and packaging from food and supplies on board our ships, so we gave all seafarers refillable flasks and upgraded our sanitary piping systems to give crews easy access to clean, potable water onboard
  • being commissioned by chemicals company BASF to help design and build an innovative new tanker that can operate at extreme low-water levels in the river Rhine. This is one of many sustainable innovations Stolt Tankers is continuing to develop with its partners across the industry.