Climate change
The worldwide focus on climate issues is intensifying as a rapid pace. According to IMO, shipping accounts for 80% of the world trade, and therefore the shipping industry has an important role to play on the road to a sustainable future. Via IMO we are committed to reducing our emissions with 40% per cargo tons-mile by 2030 compared to 2008 levels.
Conscious care of the environment start by managing the operational impacts. We strive towards having the smallest effect possible on the environment. Globally, the focus on emissions reductions is increasing day-by-day and we have to continue to innovate, collect and analyse data, invest in equipment and systems as well as raise general awareness both onshore and at sea.
Business operations are run in strict compliance with recognised environmental management standards as a minimum. This includes strictest compliance with relevant regulations such as MARPOL – including the Ballast Water Treatment BWMS code, EU-MRV and IMO-DCS data collection requirements, certification to ISO 14001 and the IMO Sulphur Cap. Furthermore, procedures to prevent oil spills, managing ballast water and waste disposal are in place, and we adhere to the Hong Kong Convention for the safe and environmentally sound recycling of ships.
Decarbonisation strategy
The Ultranav group have outlined a decarbonisation strategy built on 8 pillars. The goal is to play an active role in exceeding IMO’s mandatory targets of reducing CO2 intensity by at least 40% until 2030 and total GHG emissions by 50% until 2050.
Within each of these 8 pillars, Ultranav has identified a list of projects and initiatives, existing as well as new ones, to be further pursued in the effort to support the sustainability agenda. Taking on the climate challenge is not all about regulations and restrictions. It also offers a variety of opportunities for us as a group as well as for the shipping industry and society at large.
The 8 pillars are:
01
Energy efficiency
Ultranav believes that there is untapped potential in realizing additional improvements through the implementation of various existing and new technologies
02
Partnerships
Achieving the global climate goals requires a cross-industry cooperation between all stakeholders
03
New technology
Ultranav believes that zero emission shipping is driven by the uptake of carbon-free fuels
04
Shared responsibility with our customers
Ultranav believes that net-zero shipping needs an integral industry-wide solution
05
Education and awareness
Inclusion of all stakeholders on the decarbonization challenges is essential to effectively achieve our common goals
06
Transparent and accurate reporting
Transparent and accurate reporting of emissions and efficiencies is a key element to commitment
07
Regulations
Ultranav supports a carbon levy or similar regulatory incentives that promotes the decarbonization of shipping on a level playing field
08
Carbon credits
Ultranav believes that offsetting of emissions can work as a catalyst in the transition to a permanent carbon-free solution
Sustainability reports
Ultranav annual report - Sustainability 2020
Ultranav annual report - Sustainability 2019
Ultranav annual report - Sustainability 2018
Safety first
As one of the Ultranav corporate values safety takes a significant part of daily operations. The goal has been to design a global program with shared safety processes, behaviors tool, and methods, but also, allowing each company to carry out the necessary adjustments, Ultratank Shipping inc. has adopted a package of safety and security measures to transfer these values to the fleet.
Weather and routering advice, Castor Vali Maritime security report, risk incident mapping, pre voyage risk assessment, etc.
UltraSafe Programme
This program has been implemented over the past years in all Ultranav’s business units with special focus on all shipmanagement activities and it has implicated changes in our procedures, measurements and goals both at sea and ashore. With the implementation of Safety Delta, we made listening to our crews the starting point of our drive towards safer operations.
A partner you can trust
Maritime Anti-Corruption Network
The Maritime Anti-Corruption Network (MACN) is a global business network working towards the vision of a maritime industry free of corruption that enables fair trade to the benefit of all..
Getting to Zero Coalition
The Getting to Zero Coalition is committed to supporting the development of Zero Emission Vessels by 2030, whilst also pursuing a full decarbonisation of the industry by 2050.
