Environmental Impact

The shipping industry’s impact on the environment is varied and takes many forms. The use of fuel produces exhaust gases – nitrogen oxides (NOx), sulphur oxides (SOx), carbon monoxide (CO), carbon dioxide (CO2), and particulate matter (PM) – which con­tribute to global warming and air contamination issues. Unregulated oil and bilge water discharges affect the sea and marine life, so do leakage and waste fluids from ship ma­chinery.

Capital-Executive has clearly stated HSQEE (Health, Safety, Quality, Energy & the Environment) goals, in line with the Company’s policy – no acci­dents, no harm to people, no damage to the environment.

Everyone who works for Capital-Executive is responsible for getting HSQEE right.

Our top priorities are the health and safety of our personnel and 3rd parties eventually involved in our operations, the protection of the environment and the integrity of the goods transported.

Our Environmental Management System (EMS) provides a systematic approach to meeting environmental requirements across the organization and identifies significant per­formance areas, establishes objectives and targets, monitors and records achievements – with the overall aim of minimizing damage to the environment through our operations. The EMS and related procedures apply to all activities related to the Capital-Executive operated fleet and associated support activities, such as chartering, commercial, design, project manage­ment and risk assessment.

Capital-Executive’s environmental management process commences with an annual review of the environmental impacts of its operations. The Company’s Environmental Representative assesses various aspects identified through sources such as sea and land-based observa­tions, supplier/ customer/regulatory feedback and technical journal reviews. Both normal and emergency operations are gauged in terms of their environmental impact. Targets, objectives and timelines, as well as specific actions, are approved by the Capital-Executive leadership team. At all stages, we involve Capital employees in policy making related to environmental issues. Ships’ staff and office-based staff are encouraged to contribute observations to the Com­pany’s Environmental Representative.

Measurable objectives and targets are set and assigned to responsible personnel through­out the Company, together with specific actions, procedures and deadlines. Objectives and targets are updated and tracked at management review meetings. Procedures are in place to identify, examine, evaluate and record all relevant national and international environ­mental legislation and other requirements pertaining to Capital-Executive’s EMS.

Standing instructions to our shipping agents through our operations department, require them to supply Capital-Executive vessels with local environmental regulations applicable to the port being visited and applicable to such matters as the disposal of shipboard wastes.

The EMS incorporates all environmental legal and other requirements appropriate to Capital-Executive’s activities. The EMS is updated on an annual basis. Details of new or impending envi­ronmental legislation are discussed at regular management review meetings.