G. E. Shipping 1st to receive Energy Efficiency Statement of Compliance
Great Eastern Shipping Company takes the lead in complying with the new Energy Efficiency Regulations of International Maritime Organization
Ahead of the Regulation on Energy Efficiency Design Index (EEDI) of the International Maritime Organization (IMO) for new ships scheduled to come into force on 1 January 2013, the Great Eastern Shipping Company Ltd., one of India’s largest private sector shipping company, has taken the lead in acquiring the Statement of Compliance for its tanker M.T. JAG AABHA. This makes Great Eastern Shipping Company the first ship and the first shipping company in India to do so.
In order to reduce Green House Gas emission from ships, International Maritime Organization has amended MARPOL Convention Annex VI to include Regulations on Energy Efficiency of ships, which is entering into force next year. All existing ships are required to implement Ship-Specific Energy Efficiency Management Plan (SEEMP) in order to monitor and control emission of Green House Gas from ships. Following implementation, the systems are required to be audited by Recognized Organizations on behalf of Flag States and on satisfactory completion issued with International Energy Efficiency Certificates. The regulations apply to all ships of 400 gross tonnage and above.
The Great Eastern Shipping has implemented SEEMPs on all its vessels since 1 July 2011. As a pilot ship, JAG AABHA was audited by Det Norske Veritas (DnV) in July 2012 to verify compliance with above Regulations. This is the first ever Energy Efficiency Statement of Compliance to the new MARPOL Convention regulations issued by DNV, Oslo based Ship Classification Society.
The Company as a corporate strategy has put into gear several initiatives with objectives and targets for improving environmental performance of its vessels. Enhancing energy efficiency of its vessels is one of them.
Great Eastern Shipping is engaged in two main businesses: shipping and offshore. The shipping business is involved in transportation of crude oil, petroleum products, gas and dry bulk commodities. In the offshore business, the company services the oil companies in carrying out offshore exploration and production activities, through its wholly owned subsidiary Greatship (India) Limited (GIL).
Recently, GIL took delivery of GREATSHIP RACHNA, a Platform/ROV Support Vessel built by Colombo Dockyard Plc, Sri Lanka. The vessel is a DP2 vessel, capable of supporting offshore exploration and production and has been built complying with the SPS Code 2008.
With the delivery of Greatship Rachna, GIL and its subsidiaries currently own and operate four PSVs, nine AHTSVs, two MPSSVs, five ROVSVs and two jack up rigs. GIL and its subsidiaries also have an order book of one ROVSV in Sri Lanka and one 350 feet jack up rig in Dubai.
Great Eastern Shipping Company’s fleet stands at 33 vessels, comprising 23 tankers (9 crude carriers, 13 product tankers, 1 LPG carrier) and 10 dry bulk carriers (1 Capesize, 3 Kamsarmax, 1 Panamax, 4 Supramax, 1 Handymax) with an average age of 9.0 years aggregating 2.60 mn dwt.