Gulf Navigation Holding PJSC 2024 IR
The report outlines Gulf Navigation Holding PJSC's (GULFNAV) financial and sustainability performance for 2024, highlighting its resilience during a challenging year of market headwinds and fleet dry-docking. Key achievements include signing a Memorandum of Understanding with Wings Logistics Services and implementing advanced silicon coatings for propellers to enhance fleet efficiency. GULFNAV demonstrated its environmental commitment by installing ballast water treatment systems and responsibly disposing of 82 kilograms of e-waste. Despite a net loss of AED 20 million due to temporary dry-docking impacts, the company maintained a strong asset base of AED 740 million and remains focused on long-term sustainable growth.
Company: Gulf Navigation Holding PJSC
Sector: Industrials
Country: United Arab Emirates
Year: 2024
Type: IR
Pages: 63
Gulf Navigation Holding PJSC
Integrated Report
The report outlines Gulf Navigation Holding PJSC's (GULFNAV) financial and sustainability performance for 2024, highlighting its resilience during a challenging year of market headwinds and fleet dry-docking. Key achievements include signing a Memorandum of Understanding with Wings Logistics Services and implementing advanced silicon coatings for propellers to enhance fleet efficiency. GULFNAV demonstrated its environmental commitment by installing ballast water treatment systems and responsibly disposing of 82 kilograms of e-waste. Despite a net loss of AED 20 million due to temporary dry-docking impacts, the company maintained a strong asset base of AED 740 million and remains focused on long-term sustainable growth.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities