WManager 2-2021 by Wilhelmsen Ship Management

Issue 2 _ 2021

Corporate Magazine

FUTURE OF SHIP MANAGEMENT IN A CARBON CONSCIOUS WORLD Wilhelmsen Ship Management relocates joint venture to Athens

MV Tampa 20 years on

The rise of submersibles

Delivering on #SeafarersRights

Enable, Enhance, Simplify.

CONTENTS President’s message

Future of ship management in a carbon conscious world

Wilhelmsen Ship Management relocates joint venture to Athens

Wilhelmsen Ship Management awarded PCL’s LPG The rise of submersibles Cargo hold preparation and cargo loss prevention Delivering on #SeafarersRights Our call for shipping decarbonization MV Tampa 20 years on #MakingADifference #NordicGreenRunSG MaritimeOne Scholarship

EDITORIAL Amanda Loh Editor amanda.loh@wilhelmsen.com

EDITORIAL PRODUCTION & GRAPHIC DESIGN Milk Design www.theudderones.com

10 12 16 20 26 30 34 38 39

PRESIDENT’S MESSAGE Hello Readers, As the year-end holiday season arrives,

The International Chamber of Shipping

many consumers are already feeling the

(ICS) and Getting to Zero Coalition have

supply chain crunch – there is no shopping

released demands for shipping to achieve

without shipping.

zero emissions by 2050 and not settling

The ripple effect from crew change, quarantine period, vaccination progress, port congestion and ship schedule disruptions due to COVID19 could be reasons for increasing delays and costs. We are working hard to maintain seamless ship operations with the restrictions and conditions stemmed from the pandemic. One of which is our active role in the development of the Code of Conduct and self-assessment tool to protect the human rights and welfare of the world’s nearly two million seafarers. Together with other members of the Sustainable Shipping Initiative (SSI), we aim to lift the industry treatment of seafarers beyond bare minimum compliance. In the longer term horizon, as the industry moves towards net zero emission vessels, we foresee that there will be an increase in adoption rate for vessels operating on alternative fuel such as ammonia, hydrogen and methanol.

for 50% reduction of CO2 levels within the same deadline proposed by the International Maritime Organization. We were part of the signatory group to bring this to attention before the 2021 United Nations Climate Change Conference (COP26) took place at end-October in Glasgow. Soon, there will be a high demand for competent crew to operate these cleaner, complex and hybrid vessels safely in terms of bunker handling and storage. We believe there will be an urgent need for ready trained crew to operate such vessels. As such, we are developing schemes and systems that will be applicable for the future operation of such vessels. In Wilhelmsen Ship Management, our best asset will always be our competent talents. We strive to deliver safety, track record and performance by doing things the right way. There are no shortcuts in training a pool of skilled seafarers and we are doing our best to provide them the environment they deserve. Together with you, let’s look forward to a brighter 2022. Happy holidays and stay safe.

With regards,

Carl Schou, CEO & President of Wilhelmsen Ship Management

Issue 2 - 2021

FUTURE OF SHIP MANAGEMENT IN A CARBON CONSCIOUS WORLD

WManager

The International Maritime Organization (IMO) decided to reduce Green House Gas emissions, with a goal of reducing emissions by 50% in 2050. As a ship manager, we are progressively changing or updating our processes and crew competencies to ensure compliance to the upcoming regulations. We are also assisting first movers in their fleet renewal and expansion programs through newbuilding supervision. As we charter into 2022, we will face perhaps one of the most important paradigm shifts that would determine the future of ship management.

Issue 2 - 2021

Short term measures towards destination zero carbon: Transitioning to EEXI and CII compliance The new regulation to reduce CO2 emissions from shipping was agreed at the IMO Marine Environment Protection Committee 76th session (MEPC 76) and will come into effect on 1 January 2023. The two short-term measures to reduce Green House Gas emissions are Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII). Energy Efficiency Existing Ship Index (EEXI) • EEXI is aimed at bringing efficiency of existing ships in line with newer ships builtd under Energy Efficiency Design Index (EEDI). • This is a technical measure and compliance will require a one-time certification. • Ships will have to reduce CO2 emission either by installation of main engine power limitation (EPL) device, or by installation of energy saving devices which will increase efficiency of vessel. • Another way of achieving compliance can be switching to lower carbon fuels like LNG. Carbon Intensity Indicator (CII) • CII is related to operation of the vessel and introduced to drive continuous improvement of efficiency in seaborn transport. It is based on IMO DCS (Data Collection System) reporting and will require ships to become more energy efficient every year. • Under this part of the regulation, ships will be rated on yearly basis in the categories of A, B, C, D and E, with A being the most efficient, and C being the minimum level of compliance. • Vessels rated D for 3 consecutive years or E on any year will have to present approved action plans to be in compliance. In order to achieve compliance before the deadlines, we recommend owners start the process to get their ships certified for EEXI while calculating the CII concurrently to be prepared for upcoming regulation.

Technology-assisted fix for today There are ways to improve carbon emissions including retrofitting clean technologies such as batteries, waste heat recovery systems, air lubrication technology, wind-assisted propulsion; or using low or zero-carbon fuels. We are of the opinion that the easiest way for older ships to meet EEXI requirements is by installation of main engine power limitation (EPL) device. This option requires minimal changes to the ship and can be installed with least interruption to ship’s normal operation. Owners that have chosen to use EPL to meet the EEXI requirements can utilize our technical team’s expertise to ensure smooth preparation towards achieving compliance.

WManager

Our scope of solution for owners to meet the EEXI and CII requirements are as below: EEXI Calculation and Compliance

CII Calculation and improvement

• EEXI calculation and EEXI technical

• Carbon Intensity Indicator assessment

file preparation

based on IMO DCS reported data (rating

• Improving EEXI for non-compliant ships

of vessel)

by installation of EPL system

• Possible means of improvement of CII by

• Onboard Management Manual preparation

both technical and operational meansand operational means

Our experienced technical team will be supporting you throughout your journey towards compliance. Our deliveries include document collection, follow up, co-operating with engine manufacturers on EPL, arranging surveys by class societies and related processes in demonstrating compliance with MEPC 76 requirements related to EEXI. Owners can also opt for alternative options other than EPL to meet EEXI. For cases like these, our technical team with in-depth retrofitting experience will be able to provide practical input from a ship operational perspective to ensure owners’ interests are always protected and represented throughout the process to achieve compliance. A tailor-made plan will be drawn to detail calculations on a case-by-case basis due to a number of variables and complexity.

Our ultimate vision is to deliver net zero by 2050. It is high ambition requiring action now. We must collaborate to make a transformative change in shipping. As there is no one-size-fits-all solution, we are rising to the challenge to share knowledge with owners and drive the decarbonization agenda, Radoslaw Walczak , Vice President Technical Issue 2 - 2021

Interim fuel towards destination zero carbon : Crew competence for LNG Fuel and Dual Fuel Vessels With the influx of LNG-fuel and dual fuel vessels entering into service soon, it is vital that the industry starts a sustainable development of crew competencies when it comes to using LNG or other bunker alternatives. In our experience, it would take at least 3 to 6 months for the seafarers to attain the right competence as they transition into operating such vessels. Adaptation in human behaviors and processes must be done to address any potential safety issues when handling the new fuels. As a ship manager, we are focused in developing a pipeline of competent seafarers to ensure that we have the right crew to perform bunkering in a safe and efficient manner.

WManager

Future fuels towards zero emission: Assisting first movers during newbuilding supervision In the Wilhelmsen group, we are working on the following vessels that are operating on low and zero emission. Autonomous - Zero emission electric ships Yara Birkeland, a zero-emission container vessel that has recently made its maiden voyage in November 2021. The vessel is expected to be fully autonomous after the initial trial with reduced crew to test its autonomous systems. ASKO vessels, zero emission RORO (Roll on, Roll off) vessels. The vessels are being constructed at the state-owned Cochin Shipyard in India. Topeka, a dual powered vessel that will run on battery pack and hydrogen fuel cells. The open-deck roll-on/roll-off (RoRo) prototype is currently on design concept and supply chain development stage. As a ship manager, we aim to translate our experience gained in these projects to ship owners. Through lessons learnt and pitfalls experienced in these projects, we have redefined our newbuilding supervision objectives to ensure your vessels are built to : • Minimize the risk and opportunity cost that first movers should face • Technical specification that maximizes energy efficiency • Ship design aspects relative to safety and risk assessment when utilizing alternative fuel • Optimize design philosophy for the bunker containment system Construction of vessels operating on future fuel is a green field. It is important that the ship owner’s interest is represented and always protected. From shipyard evaluation, supervision, to sea trial assistance, it is crucial to establish a strong and experienced team to ensure the quality and efficiency of your newbuilding. Our team are well versed and experienced in supervising newbuilding vessels operating on LNG or dual fuel. Concurrently, we are gaining experience in newbuilding supervision for ships running on a variety of low or zero emission such as methanol and LPG.

Committing for climate change The future of ship management would be both exciting and challenging. We are taking part in one of the biggest paradigms shifts in maritime history. As the pressure to suppress greenhouse gas (GHG) emissions grows and the maritime industry would require more energy efficient and carbon neutral ships to decarbonize the industry. This shift to net-zero cannot be done through technology alone. It is a concerted global effort to revolutionize the entire maritime and fuel supply chain. Let’s raise the bar together.

Issue 2 - 2021

WILHELMSEN SHIP MANAGEMENT RELOCATES JOINT VENTURE TO ATHENS WSM aims to strengthen its foothold in the Greek market through its joint-venture, Diana Wilhelmsen Management Limited.

WManager

Wilhelmsen Ship Management (WSM) announces the relocation of its joint venture, Diana Wilhelmsen Management Limited (DWM) from Cyprus to Athens. The relocation is part of WSM’s growth strategy poised to increase its fleet in crew and technical ship management. “We have seen an increase in the appetite for third party ship management in the Greek market. With the new strategic location, we are in a better position to strengthen our relationship with current owners and potential clients,” says Carl Schou, CEO and President of WSM. WSM’s ship inspection service currently has a strong client base in the Greek market. WSM aims to increase its foothold by providing competitively priced professional third party ship management services to the shipping community in Greece. DWM is a 50-50% joint venture with Diana Shipping Inc. Established in 2015, DWM provides professional third-party ship management services in commercial and technical management of dry bulk vessels.

Issue 2 - 2021

WILHELMSEN SHIP MANAGEMENT AWARDED PCL’S LPG

WManager

Wilhelmsen Ship Management (WSM) is pleased to announce the award of Apoda, a Liquefied Petroleum Gas (LPG) carrier with the capacity of 20,312 cbm into our management. Built in 1997 by Hyundai Heavy Industries, Apoda is owned by Pacific Carrier Lines (PCL). The LPG carrier will be managed from WSM’s Singapore headquarters. PCL is one of our longterm customers whom we have started the relationship since 2010 managing a series of bulk carriers. “This is our first LPG Carrier from PCL, and we would like to thank the Owners for their continuous trust in us. The gas carrier segment is one of our fastest growing segments and we hope to grow strength to strength together with our owners,” says Carl Schou, CEO and President of Wilhelmsen Ship Management. With a presence in 8 locations globally, WSM currently provides full technical management to more than 260 vessels including 33 gas carriers for owners worldwide.

Issue 2 - 2021

THE RISE OF SUBMERSIBLES In 46 years of managing floating assets, we have now expanded ship management to assets below the sea. Wilhelmsen Ship Management (WSM) now manages expedition ships with submersibles, a very rare opportunity for most ship managers.

WManager

At present, there is only a handful of such expedition ships with submersibles in the industry which makes this segment - a green field for many stakeholders. The management of such ships require a one-of-a-kind skill set that combines excellent seamanship and submersible pilot experience. In order to meet the future manning requirements of these expedition ships, WSM and our client are working hand-in-hand to develop a comprehensive training programme. This is where Antony Gilbert and Remy Izendooren have come together to lend their knowledge and experience in developing a unique training programme. It is designed for deck officers to progress their careers working on expedition ships with submersibles. Antony chanced upon submersibles when he was working as a deck officer for a private yacht, he was then trained to pilot the submersible. Remy on the other hand started out his career as a lecturer and researcher in remotely operated underwater vehicle (ROV) for hull cleaning and found the lure of sea too hard to resist when he was given the opportunity to be trained as a submersible pilot. Both are known in the industry as seasoned submersible pilots, handpicked by WSM to lead the training program and share their deck and submarine experience to the new recruits.

From left to right: Remy pilots one of the submersibles and Antony gets ready to take a dive.

Issue 2 - 2021

The two now work as operation managers, combining their expertise to create an integrated training plan. This gives them an overview of the entire structure that involves training, manufacturer certification and to the final product - the guests’ experience. “Every detail, right down to where we anchor to the weight of the guests are taken into consideration for each dive. As pioneers we hope to bring the best experience to those who want to go on this unique adventure,” says Antony. One of the key resources is talent, people who know how to operate these submersibles. And they believe that developing the talent from within is the best way to create a holistic training. The long-term plan is to develop deck officers who are not only well versed in operating cruise ships but also delivering the best guest experience in submarines.

The submersibles in action.

Anders Nes is an experienced seafarer who looks forward to more adventures as he trains to become a submersible pilot.

WManager

Nine of our officers completing their submersible training at Curaçao.

The first person to be selected for this programme is Anders Nes, who started out his career with Wilhelmsen Ship Management back in 2011. With a decade of hands-on experience and his love for the sea, Anders was chosen to be part of the pioneering team. “This is a combination of new experiences that I will definitely benefit from, and a job that I already like (as a second officer). The company allows us to grow by providing us with new opportunities. This was an opportunity that I certainly didn’t want to pass up,” Anders further explains. Anders did not think that the working environment of a submersible differs greatly from the working environment of a ship. As a seasoned officer in WSM, he is well versed with the systems, procedures and redundancies in place to ensure safety.

Both Antony and Remy are continuously looking for qualified candidates. They watch out for those who enjoy scuba diving, good communication skills, and possess good eye-hand coordination. But mostly they are looking for those who are keen and willing to learn.

Issue 2 - 2021

CARGO HOLD PREPARATION AND CARGO LOSS PREVENTION Bulk Carrier, the Work Horse of the Sea!

WManager

Bulk carriers play an important role in the maritime industry. They move massive cargo from one point to another. To ensure a smooth process, it is critical to prepare the cargo hold each time these bulk carriers make a trip. Careful planning is the best way to ensure your cargo arrives safely to its destination. Hold preparation is a process that should not be taken lightly as an unprepared hold will lead to a number of issues like off-hire, delays and additional costs to engage shore teams and Charter Party (CP) related disputes. Besides that, it is estimated that unprepared hold will lead to bigger claims related to cargo quality, contamination, and breach of CP guaranteed warranties.

Issue 2 - 2021

Hold preparation may include several steps including dry sweep, removal of previous cargo residues, freshwater rinse as well as final inspection. Ventilation is often overlooked but in fact, it the easiest and most effective way to ensure your cargo’s integrity throughout the voyage. Ventilation is defined as the supply of fresh air into any given space and in this case, it means the provision of fresh air into the cargo hold. Ventilation is a vital step because it helps to minimize the formation of sweat by dew point control, assists in removing hazardous gases, prevent the tainting and excessive heating of the cargo.

Here’s a general rule for when to ventilate: • Cargo under fumigation

DON’T Ventilate

• Dew point - Cargo cold, outside hot

DON’T Ventilate

- Cargo hot, outside cold

WManager

Ventilate

From our experience, there are 2 main causes for cargo claims including wet damage and cargo contamination. In fact, 35% of all insured bulk carriers suffer cargo claim due to shortage or wet damage. The average cost for a bulk carrier wet damage cargo claim is estimated to be around USD100,000. Leaking hatch covers are the most common cause for wet damage. As for cargo contamination, it is usually caused by either physical or vapour contamination. As the saying goes, prevention is better than cure. Hence, it is important to understand the requirements of your cargo and carriage to enable a good hold preparation process. In this case, preparation is always key to avoid complications and loss. WSM has more than 40 years of experience managing bulk carriers of all sizes with special focus on maintaining hatch covers, cargo cranes, cargo holds and ballast tanks.

Issue 2 - 2021

DELIVERING ON #SEAFARERSRIGHTS

On 12 October 2021, the Sustainable Shipping Initiative (SSI) and the Institute for Human Rights and Business (IHRB), in collaboration with the Rafto Foundation for Human Rights and RightShip, launched a Code of Conduct and self-assessment tool developed to protect the human rights and welfare of the world’s nearly two million seafarers. 20

WManager

“Just a typical day in West Africa” by Richard Arguelles from ITF Seafarers’ Trust’s Still at Sea Photography Competition, 2020.

Issue 2 - 2021

The initiative aims to support a safe, healthy and secure onboard work environment, and goes beyond the ILO Maritime Labour Convention (MLC) to focus on the full spectrum of seafarers’ rights and wellbeing, from fair terms of employment and minimum crewing levels to the management of grievance mechanisms. The 52-clause Code of Conduct and self-assessment tool were based on international labour and human rights standards and principles. Its creation took more than eight months after close consultation and collaboration with shipowners, operators, charterers, cargo owners, seafarers’ associations, civil society and others.

Unified for a greater cause The SSI was formed in 2010 by sustainability non-profit Forum for the Future and leading industry players with the goal of creating a more economically, environmentally, and socially sustainable shipping industry. Together with other key SSI members, Wilhelmsen Ship Management played an active role in the development of the Code of Conduct and self-assessment tool. Carl Schou, CEO and President at Wilhelmsen Ship Management, said,

The question is no longer whether seafarers deserve better, but how we are addressing this and taking action. This Code of Conduct and self-assessment tool is a good check and balance for responsible owners and operators to improve the welfare of our seafarers. The responsibility to ensure a thriving seafaring community is in our hands. The Code of Conduct The shipping industry is required to comply with the ILO MLC (The Maritime Labour Convention under the International Labour Organization) and other international conventions covering the human rights (which include labour rights) of workers. This Code of Conduct seeks to reinforce compliance with the MLC and other relevant maritime conventions and goes beyond by focusing on valuing seafarers and the full spectrum of their human rights. It aims to address systemic risks and impacts experienced by seafarers through: i. emphasising rights in the MLC that are not being adequately enforced; and ii. including rights and issues that are important to seafarers but not currently covered in the MLC

WManager

Issue 2 - 2021

WManager

The Code can be used by shipowners and ship operators to understand the extent to which current operations meet their seafarers’ rights and welfare responsibilities, and by charterers and cargo owners to strengthen due diligence that in turn informs charteringrelated decision-making.

The Self-Assessment tool The tool is a form of questionnaire providing practical guidance on meeting the Code of Conduct. The questions lead towards the understanding of the three levels of compliance: 1. Basic: Achieving the basic level requires meeting all requirements for the basic level. 2. Intermediate: Achieving the intermediate level requires meeting all requirements for the basic and intermediate levels. 3. Excellent: Achieving the excellent level requires meeting all requirements for the basic, intermediate and excellent level. The self-assessment questionnaire is free and can be completed online through a SelfAssessment Tool hosted by RightShip. On completion, a Crew Welfare badge will appear on the company’s vessel page within the RightShip Platform. Ship owners and managers will be sent a PDF summary of their submission and will be reminded to re-submit after a year.

Sustainability is a long-lasting change The global pandemic brought seafarers rights firmly into focus, with many crews forced to endure exceptionally difficult conditions to keep global supply chains and trade freely flowing. This Code of Conduct and Self-Assessment will help build a platform to respect worker dignity while advancing industry progress. We hope these will set the precedence and benchmark for many more initiatives for improving the human side of shipping - that is our seafarers.

To download the Code of Conduct and associated documents visit: https://www.sustainableshipping.org/seafarers/

Issue 2 - 2021

OUR CALL FOR SHIPPING DECARBONIZATION

WManager

Wilhelmsen Ship Management was one of the signatories for the The Call to Action for Shipping Decarbonization, a taskforce by the Getting to Zero Coalition whose members were drawn from the entire maritime ecosystem including shipping, chartering, finance, ports, and NGOs.

Issue 2 - 2021

What is the Call to Action for Shipping Decarbonization? This is a global call to action to address the urgency to decarbonize the maritime sector and to make full use of 2021 as a milestone year for global climate negotiations in both UNFCCC and IMO with key meetings such as COP26 and MEPC77. The Call to Action demonstrates that there is broad industry support for the long-term decarbonization of shipping and shows the many actions and commitments that are already being made by companies, while specifying what is needed from Governments to fully decarbonize the sector by 2050.

Why was the Call to Action developed? In 2018, the International Maritime Organization (IMO) set an ambition for shipping to reduce its GHG emissions by at least 50 percent by 2050 compared to 2008. This was an important first step, but given technological developments and the latest climate science, it is now time to set a target for zero emission shipping by 2050. The Call to Action was launched ahead of COP26 to send a message to governments about the urgency of shipping decarbonization and the need for government action to make the transition commercially viable, investable, and equitable.

Wilhelmsen Ship Management’s role As signatory, Wilhelmsen Ship Management and the wider Wilhelmsen group companies will take on concrete actions to support the decarbonization of shipping and keeping on track towards achieving our goals to zero emission shipping by 2050. So far, we have made some concrete actions towards 2050: Ship Management are in the final stage to launch a roadmap for our ship owners to meet the short term measures addressing GHG emissions that comply to the upcoming requirements : Energy Efficiency Design Index for Existing Ships (EEXI) and Carbon Intensity Indicator (CII) Wilhelmsen group aims to be an integral part of the development of hydrogen for marine applications in Norway and also internationally. The Topeka hydrogen project is a Wilhelmsen led project to construction of the world’s first zero emission hydrogen vessels. Along with this project, Wilhelmsen will be pivotal to further develop the technology and additional infrastructure required to support the maritime industry’s ambitions towards zero emission fuels.

WManager

Call to Action for Shipping Decarbonization As signatory, we strive to decarbonize shipping and this can only happen with the urgency and scale needed if national governments and international regulators establish policy frameworks that make zero emission shipping and fuel production commercially viable, investable, equitable, and inclusive.

Together with other signatories, we call on governments to: • Align shipping with the Paris agreement temperature goals and commit to decarbonizing international shipping by 2050. And deliver a clear and equitable implementation plan to achieve this, when the International Maritime Organization is set to revise its GHG Strategy in 2023. • Support industrial scale zero emission shipping projects through national action, for instance by setting clear decarbonization targets for domestic shipping and by providing incentives and support to first movers and broader deployment of zero emissions fuels and vessels. • Deliver policy measures that will make zero emission shipping the default choice by 2030, including meaningful market-based measures, taking effect by 2025 that can support the commercial deployment of zero emission vessels and fuels in international shipping.

Issue 2 - 2021

MV TAMPA 20 YEARS ON REMEMBERING A PROUD PIECE OF OUR HISTORY

WManager

Assisting vessels in distress at sea is a longstanding maritime tradition and an obligation deeply rooted in international law. It is also part of our DNA, as shown by the actions of the crew on board MV Tampa twenty years ago in the waters off the Australian coast.

Issue 2 - 2021

In the Tampa incident, our crew rescued 438 Afghan shipwrecked from their sinking wooden fishing vessel, off the coast of Australia. The crew on board Tampa, headed by Captain Arne-Frode Rinnan did everything according to guidelines. However, the rescue made world headlines as it kicked off an international political dispute between Norway, Australia, the United Nations and the High Commissioner for Refugees. Captain Rinnan insisted that the rescued should be discharged at the nearest port, as his vessel was designed for 27 crew not hundreds of tired and hungry shipwrecked, but his request was denied by Australian authorities. Australia had for some time seen increasing numbers of asylum seekers attempting to travel to Australia via boat and prime minister John Howard, battling for a re-election, used the Tampa incident to enforce a “boat turnback” policy. After days of political negotiations and as the situation onboard turned from bad to worse, the shipwrecked were transported to Papua New Guinea, and later granted access to New Zealand and the island of Nauru. Captain Rinnan and his crew demonstrated that politics must yield when human lives are at risk at sea. At a press conference following the incident, Captain Rinnan and first officer Christian Maltau said: “What we did is not heroic, it is simply our line of duty as seamen.” Tampa was neither the first, nor the last, example of our vessels or seafarers assisting those in need at sea.

WManager

In the period between 1977-1987, Wilhelmsen vessels rescued almost 900 refugees at sea. September 2015, MV Harvest Rising responded to a mayday from fishing vessel MV Lincoln and rescued three seamen from bad weather conditions off the coast of South Africa. February 2016, Tere Moana assisted the small ferry, Nautica, that was taking in water. Our crew responded with urgency by coordinating with nearby vessels to bring in people and equipment to stabilize the situation. December 2017, while on passage from the Arabian Gulf, Energy Orpheus spotted seven people on an upturned fishing boat signalling for help. While waiting for the evacuation of the rescued, our crew spotted and rescued another two survivors in the water. December 2018, Tongala received a distress call from sailing boat Mathilde, who had lost power and engines in rough weather mid-Atlantic. The sole Norwegian sailor was rescued and travelled safely with the vessel to Bremerhaven. October 2019, the crew of Tamesis responded to a request for assistance from JRCC Alameda to locate and provide food and supplies for S/V Mayfly which was delayed by over 60 days due to bad weather and was very low on provisions. February 2020, Titania aided French sailing boat Aqua Tiki III that ran out of diesel oil and had no power for ten days. The crew from Titania lowered 20 containers of diesel as aid to the distressed boat and both resumed their journeys. August 2020, Tønsberg performed a rescue transfer operation for three New Zealanders whose catamaran collided with a whale. March 2021, our crew on-board Stove Ocean swiftly responded to the US Coast Guard’s request for assistance to a distressed vessel. Our crew displayed the finest seamanship by manoeuvring through bad weather to deliver the requested medical supplies to the distressed vessel. When faced with the opportunity to help people in distress, we are always ready and willing to assist.

Captain Arne-Frode Rinnan (man holding the life buoy) and the crew of MV Tampa.

Issue 2 1 - 2021

#MAKINGADIFFERENCE Curbing plastic requires a lifecycle approach and a holistic view of the whole value chain. Wilhelmsen Ship Management has taken a strong stand against single-use plastic since 2019 and the journey still continues today. We focused on reducing consumption and adopted a waste management approach that prevents waste from even being created, otherwise known as source reduction, and recycling. With heightened awareness, changes in attitude and careful planning, these approaches have brought us tangible results in reduction of single-use plastic consumption on board vessels. We were joined by like minded companies in the maritime supply chain and have taken joint action on this initiative.

WManager

The shipping industry abides to MARPOL Annex 5 - Garbage from Ships. These rules streamline the waste and garbage management on board marine vessels, including plastic. Any responsible ship manager should already be practicing proper handling of waste products to prevent marine pollution. However, being compliant alone is not enough to create sustainable seas. We wanted to go further and act quicker. We believe it is important to reduce single-use plastics at the source through mindful consumption.

Several initiatives executed in succession to lead the change of mindsets: 1. Building awareness towards reduction of single-use plastics

In 2019, we introduced the #makingadifference campaign to advocate a change of lifestyle

to our seafarers and shore-based staff.

The aim was to build awareness through incremental changes in our plastic consumption

which would lead to saving thousands of marine lives.

By making better choices like drinking from water dispensers, we can effectively reduce our

reliance on single-use plastic drinking water bottles.

2. Making lifestyle changes with reusable products

We handed out reusable products to our seafarers and staff to encourage them to move

away from using single-use plastics.

From 2020, we began distributing steel water bottles to seafarers on board our managed

vessels. In order to avoid a large carbon footprint, we restricted distribution of the steel

bottles to key locations where our vessels call most frequently.

It is imperative that we continue to hold discussions with stakeholders to upgrade the

drinking water conditions on board.

At the end of 2020, 55% of seafarers on board our managed vessels had received their steel

water bottles. In 2021, we continued to distribute the steel bottles to vessels.

On shore, we presented our staff with either collapsible silicone cups, metal straws or cutlery.

Issue 2 - 2021

3. Activities to promote environmental alertness

As a company wide initiative, we organized beach clean-ups activities during corporate

events like teambuilding.

Such activities proved to be useful in creating environmental awareness amongst our

staff and encouraging them to take action in curbing plastic pollution which is impacting

our environment.

4. Responsible procurement

In May 2019, we decided to take a further step in reducing the usage of plastic on board

through the maritime supply chain. We announced the enforcement of new criteria in our

vendor selection process. Vendors supplying spare parts, stores and consumables were

required to demonstrate their ability to reduce plastic usage on products delivered to us

(such as wrapping).

We are committed to work with suppliers that have demonstrated compliance with our

assessment process. We actively engage with suppliers to create a sustainable value

chain for the maritime industry. The new criteria on reduction of plastic usage is included in

our sustainability audits.

In 2020, 600 of our suppliers were screened using the sustainability criteria. Due to

COVID-19 restrictions we were only able to carry out 8 audits.

We aim to influence the entire value chain towards a sustainable maritime trade. By

increasing engagement with our suppliers and business partners we can impart our

responsible stewardship values and business ethics.

WManager

5. Influencing major industry players in the maritime supply chain

The sustainability of the ocean is a subject close to our heart but we cannot do this alone.

Collectively we all need to work together to reduce plastic usage.

In 2019, Wilhelmsen Ship Management was among the first to organise a roundtable with

like-minded individuals and companies to share opinions, best practices and initiatives

towards the common goal of preventing and significantly reducing the use of plastics in the

maritime industry.

Representatives from class society, ship agency and chandlers, engine manufacturer,

marine chemicals, lubricants and equipment were present and we discussed several key

action plans.

Through these discussions, the participants gained insights on best practices on plastic

reduction, and technologies for reusing plastics. Our goal was that these discussions would

plant the seeds of change for many more initiatives in other organisations.

6. Measuring plastic footprint

Drawing from available data in 2020, we calculated the average number of plastic bottles

consumed onboard per year per vessel. This was a staggering 9,968 500 ml bottles.

Through #makingadifference, we reduced the consumption of single-use plastic bottles

with 32% within our fleet at the end of 2020.

In 2021, we began a benchmarking exercise to reduce the volume of plastic bottles procured

per vessel. These are management-driven approaches to a drive consistent message to

all stakeholders.

32% Genuinely concerned for the future of our children Plastic has another meaning. It also refers to being false or not genuine, but that’s not us. Wilhelmsen Ship Management is committed to conducting business with integrity and purpose. This genuine commitment has been ingrained into our employees and seafarers beyond working environments and into their homes, where they will continuously instil and advocate the change of lifestyle to their families and friends. Being mindful of the environment and conscious about waste is a good habit to nurture. Together as a community we can evaluate our actions, respect Mother Nature, and make better decisions for a sustainable future.

Issue 2 - 2021

#NORDICGREENRUNSG Wilhelmsen was a proud sponsor of the Nordic National Day Green Run – a fundraising run and walk for sustainable oceans organised by the Norwegian Embassy in Singapore from May - June 2021. As one of the sponsors, we have pledged

In a thank you note from Rili Jhohani, the

to donate SGD 1 per km covered by Team

Executive Director of Coral Triangle Centre:

Norway with all donations going to the Coral Triangle Center and their work for sustainable oceans. Employees all over the world that had joined the cause and made the effort to run the extra kilometres for the Norwegian Team to be recorded and accounted for in fitness app Strava. Together with other sponsors, Wilhelmsen contributed a total of SGD 18,201 to the Coral Triangle Center.

We are pleased to contribute to the

Results of #NordicGreenRunSG:

protection and restoration of corals and

1. Norway (18,201 km)

biodiversity in the Nusa Penida Marine

2. Denmark (17,004 km)

Protected Area in South East Asia.

3. Sweden (5,904 km) 4. Finland (5,456 km)

The funds generated from Nordic National Day Green Run 2021 will support coral rehabilitation in Nusa Penida Marine Protected Area, and strengthen public education and awareness amongst community, school children and the general public about the importance of coral reefs to people and planet.

WManager

MARITIMEONE SCHOLARSHIP Wilhelmsen Ship Management (WSM) is proud to be one of the industry sponsors for the MaritimeONE Scholarship.

“It’s a great opportunity for us to nurture the

The MaritimeONE Scholarship is organized

next generation of maritime leaders,” says

by the Singapore Maritime Foundation (SMF).

Carl Schou, CEO and President of WSM. “We

Wilhelmsen Ship Management is one of the

are excited about this program and can’t wait

maritime partners working closely with the

to work with the individual that will be training

foundation to nurture young talent in the

with us.”

maritime sector.

Laurette Zachary was selected from a pool

Besides providing financial incentives, we

of talented applicants to participate in this

have pledged to offer MaritimeONE scholars

prestigious program. He has recently begun

possible career and internship opportunities.

his studies in naval architecture at the Singapore Institute of Technology.

Issue 2 - 2021

Ripples of change for a sustainable tomorrow

www.wilhelmsen.com/ship-management Malaysia

Singapore

South Korea

Greece

Wilhelmsen Ship Management Malaysia 19th Floor, 1 Sentral Jalan Rakyat, Kuala Lumpur Sentral 50470 Kuala Lumpur Malaysia

Wilhelmsen Ship Management Singapore 1 Kim Seng Promenade #15-07 Great World City West Tower Singapore 237994

Wilhelmsen Ship Management South Korea 10F, Marine Center Building 52 Chungjangdaero, 9 Beongil (Jungang-Dong 4 Ga) Jung-Gu Busan, Republic of Korea 48936

Diana Wilhelmsen Management Limited 350 Syngrou Avenue Syngrou Tower – 7th Floor 176 74 Kallithea Athens, Greece

T +6 03 2084 5600

T +65 6513 4670

T +82 51 711 0711

Norway

United States of America

Netherlands

Germany

Wilhelmsen Ship Management Norway AS Strandveien 20 PO Box 33, NO-1324 Lysaker Norway

Wilhelmsen Ship Management USA 9400 New Century Drive Pasadena, Texas 77507 USA

Wilhelmsen Ahrenkiel Ship Management B.V. Oever 5 3161 GR Rhoon Netherlands

Wilhelmsen Ahrenkiel Ship Management GmbH & Co. KG Palmaille 67 22767 Hamburg Germany

T +47 67 58 47 00

T +1 281 842 3826

T +31 10 669 0241

(Head Office)

Disclaimer: While care has been taken to ensure the information in this publication is accurate, this is a general guide and not intended to be relied on for any specific purpose. Wilhelmsen Ship Management Holding Limited and its subsidiaries cannot be held responsible for any errors or consequences arising therefrom. If you would like to reproduce any part of this publication, please seek our prior approval.