ENVIRONMENTAL PROTECTION POLICY

MTM is committed towards not only complying with various regulations but also contributing towards the society in a more sustainable way. MTM is focusing on both Decarbonization and Digitalization, as both go hand in hand, to achieve the goal of sustainability. Here is exactly what we do:

Reduction of fossil fuels consumption

Continuous investing in digital and onboard technology with Voyage Optimization Systems
State of art inhouse build Marine ERP including electronic noon reports
Taking ME performance regularly to keep the health of main engine in check
Fitment of electronic sensors such as torque meters, mass flow meters to get accurate and high frequency data feed
Use of artificial intelligence based software to predict hull fouling
Hull Condition Monitoring as per ISO and machine learning algorithms

Reduction of Air Emissions

Regular hull cleaning and propeller polishing basis continuous monitoring of hull performance
Installing energy efficiency devices such as PBCF to improve the propulsion efficiency and thus reduce overall fuel oil consumption and air emissions
Inhouse ERP capable of producing various CII rating & reports on real time basis for all the vessels.
Prediction of future voyage CII ratings basis the ship profile and predicted route & weather
Calculation of CO2 and future EUETS taxes can be done using the inhouse marine ERP system

Active Environment Protection

Installation of water purification systems on board our fleet. Saves the equivalent of 600,000 plastic bottles per annum
LED light replacement program
Bi-annual Energy audits and regular training onboard ships
Vigorous waste disposal policy and recycling programs
Applying latest silicone paint technology that is actively contributing towards protection of the environment
Be future ready for use of various low carbon alternate fuels such as Biofuel, green methanol, ammonia and hydrogen

Looking Ahead Only

Short term strategy:Reduction of 5% to 10% in FO consumption and consequent reduction of 10% to 15% in CO2 emissions with existing means
Medium term strategy:Further reduction of up to 20% to 30% of CO2 emission is possible by use of sustainable advanced Bio-fuel blends
Long term strategy:We are working ahead of the curve to achieve zero emissions with a multi-layered program of new ships designs, advanced technological enhancements and next generation talent

On the way…
to decarbonizing shipping

In December 2021 MTM successfully completed the first trial of Bio Fuel blend on one MR Tanker on a voyage from from The Netherlands to Brazil using a Biofuel blend (B30 Bio VLSFO) on its journey towards decarbonization. The green fuel voyage was undertaken in collaboration with fuel supplier Trafigura, Lloyds as consultants, MAN/B&W as engine makers, DNV as vessel’s class and MPA as Singapore flag state administration. The project was managed by MTM’s vessel performance team based in Singapore headed by the Technical Director, Mr. Prashant Lokhande.

Trials were carried out at various load points using specialized equipment to constantly assess the performance and to record emission levels of the main engine, auxiliary engine, and boiler. No abnormalities were observed at any step of the process, with all machinery operating smoothly throughout the voyage.

The Biofuel blend voyage resulted in a Well to Wake reduction in emissions of 31.5% for the main engine and 23.1% for the auxiliary engine, as compared to using only very low sulphur fuel oil.

With the successful trial, MTM has demonstrated that the use of Biofuels is a practical and sustainable alternative to fossil fuels and leads to significantly reduced greenhouse gas emissions during the operation of its vessels. MTM aims to expand the use of sustainable Biofuels, together with other technologies, in order to further optimize the company’s Green Strategy.

Capt. Rajiv Singhal, Managing Director of MTM Ship Management, adds “MTM’s mission has always been not only to operate ships at the highest safety standards, but to go beyond regulatory requirements, and always find ways to reduce the environmental footprint of the company’s maritime activities. The ultimate goal being a future with zero GHG emission.”

Social Responsibility

MTM is dedicated to the welfare of every employee from top to bottom. We believe that caring for our employees and providing them equal opportunities that creates a win-win situation, as the company benefits from highly motivated and engaged employees. MTM has exclusively assigned responsibilities to our ESG officer to ensure that all MTM employees are treated equally and fairly. We are strong promoters of an open dialogue and encourage our employees to provide frequent feedback on our work environment without hesitation on an anonymous basis if they prefer. MTM provides:

Shore based job opportunities to officers in the fleet – We value loyalty of the people who give their best years of their life to serve onboard our ships and we provide equal opportunities to all to participate in our shore team.

Education allowance to children of shore staff – We are strong believers that progress and evolution start from within. That is within the company and within the household of each employee.

High quality private education for the children of our seafarers at the International Language & Business Centre in Myanmar. MTM covers the full cost of tuition, textbooks and transportation. Over 2,000 students have graduated from the program since inception

More than 35% of our shore-based personnel is female and we actively promote gender blindness in assignment of duties and policy drafting.

We are promoting young female cadets from our cadet ship programs:
20 female cadets every quarter in the deck and ER departments

Governance

Walk the talk…we translate our values into real policies that everyone feels safe and abides by. We value shipowners entrusting us with their assets and we take our reporting and compliance policies to heart.

MTM DATA PROTECTION POLICY

Cyber Security (ASHORE)

MTM is fully committed to transparency in decision-making from A to Z. We are using advanced technology to ensure the decision-making process remains intact irrespective of the person using it. Our in-house IT team is highly trained in Data-Protection measures, and we enforce a number of protocols to ensure no data leaks or security penetrations:

Trustwave Fusion Platform inbuilt with SOAR (Security Orchestration, Automation, and Response) for threat-hunting and investigation process to analyze threat data with the to allow organizations to streamline security operations in three key areas: threat and vulnerability management, incident response, and security operations automation.

Green Radar Artificial intelligence (AI) engine and adaptive infrastructure that harness data to extract hidden threats and gives our business a peace of mind from unprecedented threats for email communication in 4 key area: Investigation & Reporting, Optimize Email Policy, Big Data Platform Anomaly Analysis and Threat Hunting.

Cyber Security (At Sea)

To become IMO 2021 compliant, MTM has implemented a PORT-IT VANIR on all ships to safeguard them from current and emerging cyber threats and vulnerabilities with functional elements that support effective cyber risk management:

Identify connected IT devices

Protecting the IT network

Detecting any (possible) threats

Responding and/or acting upon possible threats

Recovering the network in case so required