Responsibility

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Clean Environment

We are extremely sensitive to the environment. This is why we pay special attention to environmental rules & regulations in every commercial deal we make. In Ovatio we give priority to young, modern vessels, ensuring that average emissions are kept low due to technical efficiencies. Our Chartering and Operations departments work closely together to optimize vessel routing and speed in order to increase voyage efficiency.
CO2 EfficiencyBallast waterSOx
The shipping industry is the most carbon efficient mode of commercial transportation when calculated in grams per tonne-km. In a world where an estimated 90% of all goods are transported via ship, GHG emissions of vessels receive great interest from environmental groups. Despite the relative efficiency of seaborne transport compared to other transportation modes, the IMO works arduously to constantly reduce emissions. With the ratification of the amendment to MARPOL Annex VI, which entered into force January 2013, the IMO has set very clear goals on GHG reductions and seeks to reduce emission by 50% by 2050.
CO2 emissions are directly linked to marine fuel consumption. We therefore evaluate our CO2 emission controls by focusing on vessel fuel efficiency and voyage efficiency/optimization. In doing so, we abide by the guidelines established by the IMO`s Ship Energy Efficiency Management Plan.
Water has been used to stabilize vessels at sea since the introduction of steel-hulled vessels over 100 years ago. Ballast water pumped into the hull of a vessel can contain thousands of aquatic microbes, algae and other forms of life which are then disposed of into ecosystems where they are not natively found. This can have devastating consequences for local ecosystems as foreign hosts may establish a new reproductive population in the local environment.
The International Convention for the Control and Management of Ships’ Ballast Water and Sediments (“BWM Convention”) entered into force since September 2017. Ovatio plans to install BWM treatment systems during the course of its vessels’ ordinary dry docking schedules.
The BWM Convention requires all vessels to implement a ballast water management system that is approved by national authorities.
Ahead of the ratification of the BWM Convention, Ovatio proactively took measures to insure compliance.
The burning of fossil fuels releases Sulphur oxides (SOx) into the air, which can result in various negative health and environmental impacts. Sulphur Emission Control Areas – the Baltic and North Seas – began to enforce limits on Sulphur emissions to 0.10% in January 2015. In October 2016, the IMO affirmed a new regulation mandating that the global limits on Sulphur emissions are to be decreased to 0.50% from 3.50% by 2020, with the possibility to delay this deadline to 2025 depending on the availability of fuels. In order to be compliant with the new regulation, vessels either need to install scrubbers, or run on bunker fuel with lower Sulphur content. Ovatio is giving priority to low Sulphur emissions compliant vessels.

Work Environment

It is of utmost importance to Ovatio that all of the Company’s employees receive fair and equal treatment irrespective of race, gender, color, religion, age, sexual orientation, marital status, national origin, disability, ancestry, political opinion or any other basis prohibited by the laws that govern its operations. Ovatio strictly prohibits discrimination or harassment in any way or fashion. Harassment includes any conduct likely to cause offense or humiliation to an individual or that might, on credible grounds, be perceived by a reasonable person to place a condition on employment or on any opportunity for training or promotion.

Work Ethics

We care for people, the environment, our clients, our commercial deals, and our partnerships. We believe in human relations and are passionate about what we do. We strongly support that equal opportunities, talent, fairness, and meritocracy are the standards to excel. Work ethics, applies in all aspects of our business, from customers, to partners, to employees.