Evergreen Marine Corporation (Evergreen) has signed the Ship Recycling Transparency Initiative (SRTI) as part of its plan to make its vessels’ life cycle more sustainable.
In a statement, the Taiwan-based carrier said it was committed to building a “completely sustainable” life cycle for its fleet “from design, construction, operation and ultimately to decommissioning”.
The SRTI, hosted by the Sustainable Shipping Initiative, is an online platform in 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 ensuring environmental and socially responsible ship operations. Cargo owners and financial stakeholders, in turn will have access to this information in order to make their own informed decisions.
In announcing its decision to join SRTI, Evergreen said: “We have had a long-standing commitment to ‘Clean Oceans’.
“Embodied in this goal is a mission to ensure responsible and sustainable operations wherever they touch the environment, whether at sea or on land, and to care for the people we employ and the communities we serve.”
Evergreen said it not only requires strict recycling standards for those vessels being disposed of, but also incorporates state-of-the-art design into its newbuilds to minimize the impact of container shipping operations both on marine life, on port communities and on humanity worldwide.
Evergreen said it has invested in measures that go beyond environmental regulations. For example, it has equipped its latest 12,000 TEU F-type vessels with a Selective Catalytic Reduction (SCR) reactor system.
This technology ensures the vessels meet MARPOL nitrogen oxide (NOx) emission Tier III standards. Such consideration of the environmental impact of a vessel’s operation throughout its life-cycle is the driving force behind the latest SRTI move, according to the carrier.
In a statement welcoming Evergreen, Andrew Stephens, Executive Director of the Sustainable Shipping Initiative said: “Evergreen Marine joins a growing SRTI family that includes like-minded shipowners who are holding themselves to account before key stakeholders, including clients, investors and the wider public.
“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.”