| Economic Performance |
- Cost Control and Process Optimization: Introduced systematic management of vessel operations and maintenance to reduce costs while maintaining service quality.
- Revenue Enhancement: Prioritized high-yield contracts in chartering decisions, reduced debt ratios, and increased financing.
- Environmental Adaptation: deployed low-carbon vessels to secure premium charter rates and accelerated fleet renewal.
- In case of adverse events, relevant departments analyze root causes, implement countermeasures, and establish preventive actions to minimize losses and avoid recurrence
|
8, 9, 11 |
| Risk Management |
- Fleet renewal: dispose older vessels and acquire eco ships.
- Regulator y response: Obtain qualification to trade/manage EU ETS allowances and duly surrender EUAs; assess biofuel use to reduce carbon emissions.
- Personnel training: Strengthen crew skills for low-carbon fuels and equipment operation.
- Equipment support : Provide antifreeze and other supplies to prevent fuel freezing during cold snaps.
- Incident analysis: Analyze root causes of actual incidents and PSC deficiencies. Notify the fleet to prevent recurrence.
- Organizational operation: Establish a Risk Management Task Force to study risk trends and countermeasures on a regular basis.
|
3, 8, 12, 13 |
| Ship safty |
- Equipment management: Regular replacement of steel wires, mooring ropes, and thimble spelter sockets to prevent degradation risks.
- Personnel training: Ballast water system and COLREGs (International Regulations for Preventing Collisions at Sea) training for both seafarers and shore staff (e.g., Headway
online course on September 24, 2024) to enhance operational capability and reduce errors.
- Accident response: After an incident, notify insurers and port authorities for investigation (e.g., Wonderful SW contact case). Follow SMS, Flag State, Class, and P&I Club guidance for remediation, and complete permanent repairs promptly.
- Preventive measures: Hold monthly cross-department meetings to review events; issue case circulars fleetwide. Intensify advocacy of the International Regulations for Preventing Collisions at Sea.
- Monitoring and support: Port Captains ride along to observe operations, provide advice and training. The Company conducts ad hoc ship visits for supplemental inspections.
|
3, 6, 8, 10, 12 |
| GHG Emissions and Energy |
- Headquarters Energy-Saving Measures : Commissioned the Taiwan Energy-Saving Patrol to review electricity usage and provide recommendations. Since February 2024, adopted hybrid vehicles for official use and piloted a rotating schedule for chiller systems to save energy.
- Adopted low-sulfur fuel and silicone-based antifouling or high-performance paints; implemented speed reduction while entering ports to improve air quality; replaced onboard lighting with LED systems (one vessel upgraded in 2024); sold 3 old ships and delivered 1 new Eco ship. Some were equipped with Engine Power Limitation (EPL) devices to meet EEXI requirements, and new vessel designs incorporate closed-loop water piping systems.
- Regulatory Compliance: Achieved qualification for carbon quota trading and management under the EU ETS. Digitally manage and report annual fleet carbon emissions within EU waters, submit EU Allowances (EUA), and assess
- Route Optimization: Integrated weather forecasting with software-based CII monitoring to reduce fuel consumption.
|
13, 14, 15 |
| Climate Change Management |
| Occupational Health and Safety |
- HQ: Establish a Human Rights Policy and promote it to suppliers; conduct fire drills and health-promotion training; provide reflective thermal vests, workwear, and helmets to personnel visiting
ships; offer flexible telework arrangements based on job requirements; and implement health checks exceeding legal requirements.
- Fleet: Conduct ad hoc safety and health trainings and share real cases; investigate incident causes and formulate preventive measures; monitor weather and sea conditions to issue alerts and assist ships in choosing optimal and safe routes; supervise high-risk operations and ensure use of protective equipment; urge labor service companies to strengthen pre-employment training; and, in the event of casualties, assist the individual or family with proper insurance handling.
- Digitalization and Training: Plan to introduce electronic SMS documentation and complete cloud HR system deployment to improve management efficiency and facilitate crew access to rules.
|
3, 6, 8, 10, 12 |
| Social Engagement |
- Environmental action: Held 2 coastal cleanups; created 1 marine-debris mural; promoted marine and environmental education.
- Education support: Sponsored the After School Association’s Wutai base in Pingtung for 3 consecutive years; donated fruit, dictionaries, and 82 sets of the board game “Be a Sea Turtle”; hosted the 2024 Little Picassos Painting Contest; provided learning resources for aboriginal children.
- Community care: Donated ASUS “Refurbished Computer – Hope Project”; donated second-hand warm clothing to an animal protection association; donated second-hand goods to Hualien 5 way house and Wanhua Dashuigou 2nd hand shop to advance the circular economy.
- Employee engagement: Organized an in-house table hockey game and gift-box charity sales and donated the proceeds; employees sponsored the Dream Gift Program; employees could exchange blood donations for extra leave; purchased small farmer honey date gift boxes and Mikania micrantha (mile-a-minute weed) product sets for holiday gifting; purchased vouchers via “Buy Directly from Farmers” to support the local economy and employee well-being.
- Long-term Plan: Start from the After School Association of Taiwan, and integrate the core shipping business to explore children’s career education.
|
3, 4, 5, 10, 11, 13, 14, 15 |
