DANAOS Sustainability & Environmental Report 2019

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DANAOS SHIPPING CO. LTD

O ur P rin cip les f o r Pro tection of the Environment Environmental Management System Reducing emissions R&D, Innovation Waste and spill management Optimization Energy reduction and efficiency Th e i m pl e me ntatio n o f e nv iro nme nta l pri n c i pl es into o u r co mp a ny o p era tio ns dem o n st ra te s th a t our p ers o nnel u n derst a n d , actio n, a nd s u p p o r t a s tro n g E n vi ro n m e ntal M a na g e me nt S y s te m ( E M S). Th ro u gh c ontinu o u s mo nito ring , e v a lu a tion and i m prove me nt of e nv iro nme nta l pro c ess es, in a d d itio n to ra is ing aw a ren ess and e mp lo y e e edu c a t i o n a l p ro ce d u re s , w e s trive t o b e a pi one er in minimiz ing a ny n ega t i ve i mp a ct o f inter na tio na l shipping towards the environment.

• I mproved opera tion a l effic ien c ies a n d ma in ten a n c e pra c tic es • En h a n c ed c orpora te ima ge a n d c redibil ity with a l l s ta k eh ol ders With in 2017, two more ves s el s were en rol l ed, h owever, on e of th em wa s ba reboa t c h a rtered in mid- 2 0 1 7 , l ea v in g the total number of vessels enrolled to four. T h e s a me a ppl ies for 2019. T h e four ves s el s s el ec ted a re of differen t s iz es c a tegories : (C M A C GM M ol iere 6 , 5 0 0 teu, C M A C GM M el is a n de 8, 500 teu, High wa y 2 2 0 0 teu, Ex pres s Berl in 10, 100 teu).

O u r c o m m i tme nt is to p ro mo te and est a b l i sh a s a f e a nd p o llu tio n- f re e o pera t i n g e nv iro nme nt o n bo a rd . To a c c o m p lis h th is , w e u s e o nly th e h ig h e st o pera t i n g p ra ctice s f o r e nv iro nme ntal pro t ec t i o n, s a f e ty , a nd qu ality is s u e s . We a spi re to imp rove o u r ma na g e me n t s y s t em s c ontinu o u s ly and to re a ch a h ig h l evel o f ex ce lle nce in a ll a s p e cts o f o ur b u si n ess t o e ns u re p o llu tio n and accid e ntfree o pera tio ns .

ISO 1 4 0 0 1 E n viron men tal Man agemen t D a n a os S h ippin g rec eived its firs t I S O 1 4 0 0 1 c ertific a tion in 2 0 0 8 a n d h a s ma in ta in ed it every yea r s in c e. D urin g 2 0 1 9 th e c ompa n y ra n its en v iron men ta l ma n a gemen t s ys tem for a th ird yea r run n in g, in c ompl ia n c e with th e l a tes t 2 0 1 5 rev is ion of th e I S O 14001 s ta n da rd, for wh ic h it h a s rec eived th e a ppropria te c ertific a tion . I t is a n immen s el y importa n t c ertific a tion , a s it pres en ts a n umber of ben efits for D a n a os S h ippin g:

IS O 5 0 0 0 1 En erg y M a na ge m e nt Th e C o m pa ny w as f irs t cer tif ie d in 2 0 1 6 . Th ro u gh t h e I S O 5 0 0 0 1 cer tif icatio n th ere a re m u l t i ple b e ne f its f o r D a na o s S h ip p ing , s u c h a s: • I n c rea s ed e nerg y aw are ne s s a mo ng s ta ff m em b ers at all le ve ls • Redu c ed g re e nh o u s e g as e mis s io ns a nd c a rb o n f o o tp rint • In c rea s ed e nerg y co s t s av ing s f o r th e o rga n i z atio n a nd ch ar terers alik e • In c rea s ed k now le d g e o f e qu ip me nt effi c i en c ie s

• I n c rea s es empl oyees ’ awa ren es s of th e en v iron men ta l impa c ts a s s oc ia ted with th eir da il y ta s k s • En s ures c ompl ia n c e with s ta tutory a n d regul a tory req uiremen ts • R educ es th e n umber of pos s ibl e en v iron men ta l defec ts durin g a port s ta te c on trol in s pec tion a n d/ or el imin a tes poten tia l fin es from n on c ompl ia n c e • Prov ides dis c oun ts on port dues

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