Fednav receives IBJ Bulk Ship Operator Environmental Protection Award
Fednav Limited was presented with the celebrated IBJ Bulk Ship Operator Environmental Protection Award November 14 at a gala dinner organized by the International Bulk Journal and held at historical Beurs Van Berlage of Amsterdam.
This award spotlights Fednav’s excellence in environmental stewardship in the maritime trade, along with its leadership in the implementation of the highest industry operating standards which also include safety and efficiency.
Environmental protection is one of the cornerstones of Fednav’s philosophy and a core company value. Enhanced sustainable strategies and initiatives are constantly assessed, revised and upgraded. Partnerships with world-class shipyards and suppliers, paired with feedback gained in the daily operating of its fleet, enable the company to continuously improve the design and efficiency of new vessels. These two main factors also allow Fednav to deploy innovative engineering solutions and implement sophisticated cargo handling processes.
For several years, Fednav has committed to lowering its greenhouse gas emissions by 1 percent per year (in grams per metric ton/mile). Over the last decade, the company has nearly doubled that target. Fednav’s new vessels emit 40 percent less greenhouse gas than the ship the company built 30 years ago.
Fednav is a founding member of Green Marine, a voluntary, binational program aimed at strengthening the marine industry’s environmental performance, and continues to achieve Green Marine’s top ratings for minimizing its environmental footprint.