Business Ethics Policy / Disciplinary Policy

The Company in pursuit of its business objectives is committed to a course of the highest integrity, which avoids even the appearance of impropriety in the conduct of its affairs.

The Company’s relationships with clients and suppliers are based on sound commercial criteria that are not influenced by other factors such as gifts or entertainment. In this way the Company is able to sustain constructive ongoing relationships with those organisations, companies and individuals doing business or seeking to do business with it.

Accordingly the receiving or giving of gifts, meals, travel, entertainment or other favours between employees and business contacts should be moderate, infrequent, appropriate to the occasion and only within genuine business purposes.

The giving of or receiving cash gifts is strictly prohibited.

Disciplinary Policy

It is the Company’s Policy to ensure that all shore based and ship based personnel carry out their duties in an ethical and honest manner ensuring that they exhibit the highest standards of integrity and righteousness at all times. The Company is committed to:

  • Ensure that no shore based employee or personnel onboard ships under Management, participates in any incentive or bonus programs based on minimizing operational costs associated with the operation, maintenance, and repair of machinery space systems, equipment, and components without ensuring that efficiency and performance are maintained. The intent of this is to ensure that staff do not avoid such costs and thereby sacrifice environmental compliance.
  • Take appropriate action, up to and including dismissal, against any shore based employee or personnel onboard ships under Management who obstruct, hinder or present false information, or make false statements during any inspection; monitoring or audit carried out by any authority whatsoever.
  • Ensure that NO shore based employee or personnel onboard ships under Management are punished, discriminated against or otherwise suffers negative consequences for reporting violations of HSQE laws, regulations, or policies.
  • Take disciplinary action up to and including dismissal against any shore based employee or personnel onboard ships under Management who depart from specified operating policies and procedures.

Shore based employees and personnel onboard ships under Management may also be personally liable for criminal, civil or administrative penalties as a result of non-compliance.