FOREWORD
Record-breaking year in safety
As we reflect on the past year, we are proud to share the remarkable achievements in our journey toward sustainability and safety.
Our unwavering commitment to creating a safe working environment has yielded outstanding results, with zero lost-time injuries reported across our entire operations.
Our dedication to safety is further evidenced by the significant reduction in the Total Recordable Incident Rate, which decreased by 50%, bringing it down to 4.6. This impressive statistic highlights the long-term efforts and strong safety mindset of our personnel, who have embraced safe working practices as a core value.
In addition to our safety achievements, ESL Shipping has excelled in regulatory compliance. Our Port State Control deficiency ratio remained significantly lower than average, reflecting our commitment to maintaining the highest standards across our fleet.
Looking ahead, we are committed to enhancing our operational efficiency and sustainability. We are dedicated to reaching net-zero emissions by 2040, aligning with the ambition of the Science Based Targets initiative. In line with our sustainability goals, we were excited to announce in October the order of four dual-fuel methanol-powered vessels. These handysize vessels, equipped with an ice-class 1A, can operate entirely without fossil fuels by using green methanol. This investment, totaling approximately €186 million, marks a significant step toward our vision of a fossil-free fleet.
These accomplishments and future goals are a testament to the hard work and dedication of our team, inspiring us to continue striving for excellence in all aspects of our operations. As we move forward, we remain committed to advancing our sustainability goals, fostering a culture of safety, and upholding our responsibility to the environment and the communities we serve.
We invite you to explore this report and join us on our journey toward a more sustainable and safer future.
Sincerely,
Mikki Koskinen
Managing Director
