Safety and Environmental Protection Policy

The Company is a leading maritime transportation and services company. Its management is committed conducting all activities for which it is responsible in a safe, efficient at environmentally sound manner that consistently meets custom expectations, while ensuring effective and efficient compliance with prevailing statutory and regulatory requirements.

The Company ensures that the quality of its operations, the safety and health of its employees and the protection of the environment remain the predominant factors in all aspects of its operations.

The Company believes that deficiencies related to quality of service, safety and health and environmental protection can best be avoided by the implementation of proactive management policies, procedures and systems together with the active involvement of shore staff and sea-going personnel.

The Company has established a process based Quality Management System, incorporated in the SMS, which is designed to continuously improve the quality of the services offered by the Company. In order to ensure that operations and quality service objectives can be achieved, the Quality Management System addresses the continuous monitoring of all aspects of the Company operation so that potential problems can be readily identified and appropriate corrective actions implemented.

The nature of services provided by the Company allows it access to industry best practices and where there is a clear benefit these will be adopted within the Company.

The Company recognizes the importance of customer satisfaction and will work to exceed customer expectations. Open and ongoing dialog will be maintained with all stakeholders to communicate their expectations and to discuss feedback on performance.

This Quality Policy has the full support of Senior Management and applies to all employees of the Company.

The Company ensures that the quality of its operations, the safety and health of its employees and the protection of the   environment remain the predominant factors in all aspects of its operations.

All Company employees, shore based and sea going are responsible for implementing the Company’s Safety & Environment Protection Policy. The Company’s Management is responsible for monitoring and reviewing the Safety & Environment Protection Policy at regular intervals in order to ensure that it remains relevant and effective.

The Company's objectives regarding Safety Management are:

• To provide for Safe Practices in ship Operation and a safe working environment.
• To prevent damage to the ship, her cargo and the environment.
• To establish safeguards against all identified risks.
• To prevent loss of human life and personal injury.
• To continuously improve Safety Management skills of personnel ashore and aboard ships, including preparing for emergencies related both to Safety & Environmental Protection.

In order to effectively implement its Safety & Environment Protection Policy the Company:

• Communicates and consistently promotes this policy to all persons working for or on behalf of the Company.
• Consistently  follows all applicable national and international rules and regulations governing the Marine Industry and any other requirements to which the company subscribes related to its environmental aspects.
• Takes into account applicable guidelines , standards , codes and publications which are issued by maritime organisations and are directed towards creating a safe and pollution free environment.
• Continuously monitors all safety aspects of the managed fleet.
• Sets and reviews its environmental objectives and targets during routine management review meetings.
• Frequently inspects the managed fleet and carries out necessary maintenance and repairs.
• Continuously improves its management system by taking corrective & preventive action for identified problem areas.
• Provides adequate resources to effectively implement this management system.
• Has developed and implements a management system which is "Safety & Pollution Prevention" oriented.