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 Fuel Consumption & GHG Emissions
  • By running the vessels at most economical speed.
  • Making sure the machinery are kept in excellent condition to get most optimized energy usage from them.
  • Using High Quality Hull and propeller Coatings to reduce drag and minimize fouling.
  • Use of scrubbers on vessels.
  • Utilizing voyage optimization software to choose the most fuel-efficient voyage path considering weather, currents, sea conditions and ship model.
Use of Best technology
  • Fitment of electronic sensors such as torque meters, mass flow meters to get accurate and high frequency data feed
  • Hull Condition Monitoring as per ISO, AI and machine learning  Regular hull cleaning and propeller polishing basis continuous monitoring of hull.
  • Installation of various energy efficiency devices such as PBCF to improve propeller efficiency.
  • LED light replacement program
  • Real time data feed and calculation of CII Rating and EUETS taxes.
Potential project evaluations
  • Shaft Generators
  • Waste heat recovery system
  • Air Lubrication systems
  • Propeller replacement Project
  • Variable frequency drives
  • Alternative Marine Power (AMP) – Shore Power
  • Rotor Sail and Wind Sail
  • Study of Carbon capture systems
  • Scrubbers (EGCS)
  • Biofuel Project
MTM Strategy

 

  • Short term strategy: Reduction of 5% to 10% in FO consumption and consequent reduction of 5% to 10% in GHG 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 In the Near Future:
  • 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

Scrubbers (EGCS)

We have successfully installed scrubbers (Exhaust Gas Cleaning Systems, EGCS) on two of our vessels MTM NEW YORK & MTM NEW ORLEANS, with performance consistently meeting expectations. These systems allow us to use straight HFO and also Biograde B30 HFO.

Environmental and Economic Benefits
Scrubbers are gaining popularity due to anticipated cost advantages over VLSFO (Very Low Sulphur Fuel Oil) and HFO (Heavy Fuel Oil). Beyond cost savings, scrubbers play a crucial role in reducing environmental impact by significantly lowering emissions. Contrary to common belief that they merely enable the use of cheaper fuel, scrubbers also contribute to cleaner exhaust and improved greenhouse gas (GHG) emissions. The role of EGCS will continue to be pivotal in addressing a range of emissions including nitrogen oxides (NOx), particulate matter (PM), methane slip, black carbon (BC), and nitrous oxide (N2O)
Regulatory Compliance and Global Impact
EGCS technology is recognized as a viable alternative for emissions abatement, acknowledged by international bodies such as the International Maritime Organization (IMO) and the European Union (EU). This technology has facilitated the reduction of sulphur oxide (SOx) emissions within SECA (Sulphur Emission Control Areas) zones and globally, ensuring swift adherence to global sulphur limits.
Future Prospects
As we move forward, adopting to use of Carbon Capture System(CCS). Scrubber will be an integral part of Carbon Capture System. Scrubber installed by M.T.M are hybrid & CCS ready system.

On the way…
to decarbonizing shipping

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 th e 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.

Cyber Security (ASHORE)

MTM is fully committed to transparency in decision-making from A to Z. IT Team working closely with Singtel ASOC in transforming resilient SecOps with agile engineering against cyber risks.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:

SINGTEL ASOC as our global managed security services provider (MSSP), they offers a 360° approach to cyber security with next-generation Advanced Security Operations Centre (ASOC) powered by intelligent automation and orchestration. Bolster our defence with seamless end-to-end services, global threat intelligence, deep expertise and extensive experience. Having said that they are also protecting Singapore Government Agencies system.

 

 

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