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. 

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.