Taiwanese liner giant Evergreen Marine Corporation is now a signatory to the Ship Recycling Transparency Initiative (SRTI), hosted by the Sustainable Shipping Initiative
The company said the move is part of a corporate commitment to plan a sustainable lifecycle for its vessels from design, construction, operation to decommissioning.
In announcing its decision to join SRTI, Evergreen said it is committed to clean oceans, and to ensure responsible and sustainable operations.
In a statement, the company said “Recycling operations with the highest standards of safety available must be utilised. We are therefore pleased to share our recycling policies by joining SRTI and helping lead a growing industry initiative to demand more responsible ship recycling in the future.”
The company said its current fleet renewal strategy requires strict recycling standards for those vessels being disposed of and incorporates state-of-the-art design into its newbuildings to minimise the impact of container shipping operations both on marine life and port communities.
To this end Evergreen said its new series of 12,000-TEU class F-type vessels (the first of which entered service in March 2020) is equipped with a selective catalytic reduction reactor system.
The technology ensures that the vessels meet Marpol’s Tier III nitrogen oxide emission standards and Evergreen said it will voluntarily ensure that all newbuildings and ships already in service will be provided an Inventory of Hazardous Materials Part 1 (IHM Part 1) for class approval and SoC for certification.
Sustainable Shipping Initiative executive director Andrew Stephens said Evergreen Marine joins a growing number of shipowners who are “holding themselves to account before key stakeholders, including clients, investors and the wider public,” adding “This includes an increasingly diverse range of stakeholders engaging on the topics of data and transparency, circularity and the role of financial stakeholders in sustainable and responsible ship recycling in the absence of global regulation.”
SRTI is an online platform through which members report information on their ship recycling policies and activities against a set of predefined disclosure criteria.
Evergreen and other participating shipowners can share their approach to recycling, while cargo owners and financial stakeholders will also have access to this information to make their own informed decisions.
Riviera is hosting a week of free to attend 45-minute webinars focused on ship recycling commencing 15 September. Register your interest now