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Ocean Front Shipping’s environmental, social, and governance (ESG) strategy reflects its commitment to leading the way in sustainable shipping while upholding the highest standards of corporate responsibility by supporting, safeguarding, and enriching the communities it serves.

Environmental Shipping

As a leading global shipping company, we play a vital role in advancing environmentally responsible shipping—a commitment demonstrated through a range of impactful initiatives.

  1. Fleet efficiency: An efficient fleet uses less fuel, which is why we continuously invest in our vessels and management systems to optimize performance. This includes adopting energy-saving technologies and enhancing data collection. We’re also advancing our team’s capabilities and upgrading our systems to support deeper environmental data analysis.
  2. Decarbonisation: We are committed to exceeding the IMO’s updated GHG reduction targets, including cutting absolute emissions by 20% by 2030 (from 2008 levels) and sourcing at least 5% of our energy from low- or zero-GHG sources. Achieving these goals hinges on fleet efficiency and an ambitious fleet renewal program. By phasing out inefficient tonnage and introducing next-generation vessels equipped with cutting-edge environmental technologies—such as wind-assisted propulsion and alternative fuel systems—we’re setting new benchmarks for sustainability in shipping.
  3. Research and development: We leverage industry-leading expertise and collaborate with top partners to design and implement operational, technical, and commercial solutions that accelerate the transition to low- and zero-carbon shipping
People and Communities

Ocean Front Shipping commitment to its people and to the wider communities in which it operates manifests in various policies and initiatives.

  1. Ocean Front Shipping team: We have an uncommonly diverse team, both ashore – across our global offices – and onboard our ships. That diversity is supported by an inclusive culture and integrated systems and processes: we are closely-connected, working together toward unified goals. We also have an ambitious program of career-long learning and development opportunities, and constantly strive to ensure optimal working conditions.
  2. Ship safety: As a ship operator, safety is our top priority. We enforce rigorous policies and practices across our fleet and collaborate with leading vessel managers to uphold the highest safety standards—while continually seeking opportunities to enhance them even further.
Governance

We are dedicated to upholding the highest standards of governance and corporate responsibility, conducting our business in a way that strengthens both our own reputation and that of the broader shipping industry.

  1. We maintain clear and robust management and reporting structures to ensure the consistent and transparent application of our policies—particularly in areas like environmental stewardship and corporate citizenship. Our dedicated ESG Committee, reporting directly to the Management Team, is responsible for overseeing and evolving our ESG strategy to keep it central to our overall business approach.
  2. We recognize the vital importance of compliance with all applicable laws and regulations, including those related to sanctions, bribery, and anti-money laundering. Our dedicated team of legal and compliance experts actively monitors, assesses, and ensures adherence to these standards across our global operations.
  3. We maintain a comprehensive range of internal policies, designed to ensure the wellbeing and development of our people, and that they meet the high standards of business conduct required under this ESG strategy.
  4. We are also exploring ways to help our counterparties and suppliers conduct their businesses responsibly, to further promote our ESG ambitions.