1. Integrate Life Cycle Assessment (LCA) into Decision-Making
Life Cycle Assessment enables shipowners to understand the environmental impacts of a vessel from raw material extraction to end-of-life recycling. By identifying emission hotspots and resource-intensive processes, companies can make informed decisions that reduce their overall footprint and support decarbonization efforts.
Example: A shipowner evaluates the life-cycle impacts of installing wind-assisted propulsion versus a conventional engine upgrade and chooses the option with the lower overall carbon footprint.
2. Embrace Sustainable Procurement
Procurement choices shape a vessel’s long-term sustainability. Prioritizing recyclable materials, environmentally responsible suppliers, and products with lower carbon footprints creates a more resilient and transparent supply chain while advancing corporate goals.
Example: During a vessel retrofit, the procurement team selects recycled steel and environmentally certified marine coatings from suppliers with transparent sustainability practices.
3. Maintain an Accurate Inventory of Hazardous Materials (IHM)
A continuously updated IHM ensures that hazardous substances are properly identified and managed throughout a vessel’s life. This not only supports regulatory compliance but also facilitates safe and environmentally sound ship recycling.
Example: Whenever new equipment or coatings are installed during dry docking, the vessel’s IHM is immediately updated to reflect the changes and ensure compliance.
4. Extend Vessel Service Life Through Upgrades and Maintenance
Preventive maintenance, energy-efficiency retrofits, and timely equipment upgrades can significantly prolong a vessel’s operational life. Extending asset longevity reduces the need for new raw materials and lowers the environmental impacts associated with building replacement ships.
Example: A 15-year-old vessel is fitted with a new propeller, energy-efficient lighting, and a predictive maintenance system, allowing it to operate efficiently for another decade.
5. Partner with Certified Recycling Facilities
Responsible ship recycling is the cornerstone of a circular maritime economy. Working with certified recycling yards ensures the safe recovery of valuable materials, proper waste treatment, and the protection of both workers and the environment.
Example: At the end of its service life, a vessel is sent to a certified recycling yard where over 90% of its steel is recovered and reused, while hazardous wastes are safely managed.
