First Ship Lease Trust 2019 SR
The report highlights FSL Trust's sustainability efforts for the 2019 fiscal year, marking its first report prepared in accordance with GRI Standards: Core option. Key achievements include zero oil spills and zero lost time injuries across its fleet of 18 operating vessels. The company improved its environmental footprint by disposing of older vessels and ordering fuel-efficient Tier III LR2 tankers equipped with exhaust gas cleaning systems. Additionally, all operating vessels transitioned to low-sulphur fuels to comply with IMO 2020 regulations. The Trust also improved its port state control deficiency ratio to 1.10, outperforming the Paris MoU average.
Company: First Ship Lease Trust
Sector: Transport & logistics
Country: Singapore
Year: 2019
Type: SR
Pages: 21
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First Ship Lease Trust
Annual Sustainability Report
The report highlights FSL Trust's sustainability efforts for the 2019 fiscal year, marking its first report prepared in accordance with GRI Standards: Core option. Key achievements include zero oil spills and zero lost time injuries across its fleet of 18 operating vessels. The company improved its environmental footprint by disposing of older vessels and ordering fuel-efficient Tier III LR2 tankers equipped with exhaust gas cleaning systems. Additionally, all operating vessels transitioned to low-sulphur fuels to comply with IMO 2020 regulations. The Trust also improved its port state control deficiency ratio to 1.10, outperforming the Paris MoU average.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
May 31, 2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees