Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Climate change and greenhouse gas restrictions may adversely impact our operations and markets.
• Increasing scrutiny and changing expectations from investors, lenders and other market participants with respect to our Environmental, Social and Governance (“ESG”) policies may impose additional costs on us or expose us to additional risks.

Mitigation Strategies

• We have transitioned to burning IMO compliant fuels.
• Six of our eight tanker vessels are equipped with a ballast water treatment system (“BWTS”).
• We intend to comply with the various security measures addressed by MTSA, the SOLAS Convention and the ISPS Code.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Increasing scrutiny and changing expectations from investors, lenders and other market participants with respect to our Environmental, Social and Governance (“ESG”) policies may impose additional costs on us or expose us to additional risks.

Mitigation Strategies

• We may be required to implement more stringent ESG procedures or standards so that our existing and future investors and lenders remain invested in us and make further investments in us, especially given the highly focused and specific trade and transport of crude oil and refined petroleum products in which we are engaged.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Lloyd’s List Next Generation Shipping Award