ENVIRONMENTAL IMPACT

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.

On March 7 2017, Capital completed the first accredited assessment of the MRV monitoring plan for the vessel M/T ‘Alkiviadis’. The assessment was the first performed worldwide by LRQA and it was conducted in accordance with Regulation (EU) 2015/757 (Monitoring, Reporting and Verification of Carbon Dioxide (CO2) from shipping activities), also known as MRV Regulation.

Tank venting during loading produces harmful shore-side volatile organic compound (VOC) emissions. Grease on wires, washed off during mooring operations, gets into the sea. Chemicals used for deck cleaning or surface preparation prior to painting can be washed overboard. Aquatic marine organisms and pathogens attached to hulls are spread around the world, threatening indigenous species.

Capital has been a leader in the industry by meeting legislative requirements early, by setting high performance standards for itself, taking a collaborative approach, and by actively engaging with partners and employees. At all times, Capital strives to minimize the environmental impact of its operations and seeks to act responsibly, implementing systems to support careful management of energy efficiency, air emissions, water use and effluent discharge, waste and spills.

Capital 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.

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.

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

The 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 operated fleet and associated support activities, such as chartering, commercial, design, project manage­ment and risk assessment.

Capital’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 leadership team.

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’s EMS.

Standing instructions to our shipping agents through our operations department, require them to supply Capital 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’s activities. The EMS is updated on an annual basis. Details of new or impending envi­ronmental legislation are discussed at regular management review meetings. 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.

  • ISO9001 - ISO14001 - IHSAS 18001
  • ISO 50001
  • Intertanko
  • Rina
  • Helmepa
  • Tanker Company of the Year
  • Amver
  • Green Flag 2015
  • Excellence Award - GREEN4SEA
  • Sea Transport Awards 2015 - Best Vessel Operator Europe