POLICIES

The Management of Falcon Navigation Shipmangement SA is committed to take all reasonable precautions and measures, during the operation of managed vessels, in order to ensure safety at sea, prevention of human injury or loss of life and avoidance of damage to property.

The Company’s goal is to achieve ZERO incidents through continuous improvement.

To fulfil these objectives, the management is committed to the following approach:

• Compliance with mandatory rules and regulations and taking into consideration the Codes, guidelines and standards recommended by the IMO, Flag Administrations, Class Societies and Industry organizations, applicable to operations of managed vessels.
• Adherence to an Safety Management System (SMS) by all Company’s employees, including managed vessels, which promotes the concept of safety and environmental excellence, continuous improvement and enhancement of personnel skills.
• Assigning employees possessing sound skills and capabilities in required areas of responsibility, including adequate verification resources.
• Providing and maintaining a safe working environment on board to assist in preventing human injury and loss of life.
• Providing the necessary training to ensure that Company’s employees are capable of achieving safety and pollution prevention objectives in the work they perform.

The company endeavours to earn the confidence of the ship owners, charterers, seafarers and the marine industry and be recognized as a high quality, trustworthy international ship manager. This can only be achieved by providing flawless services that satisfy all relevant requirements. Therefore, to fulfill all expectations the company:

• Is committed to always comply with all applicable legal and other requirements that relate to the pertinent hazards and to continually improve the effectiveness of its SMS.
• Adopts a proactive approach concerning the needs of its clients and is responsive to their requests, suggestions or complaints, always trying to improve the value of its services.
• Encourages employee teamwork, personal improvement, cooperation, innovative thinking, initiative, leadership, decisiveness and focus on client’s needs and satisfaction.
• Sets measurable and meaningful objectives and targets and reviews them when appropriate.

In order to objectively assess its performance, the Company:

• Establishes criteria for the quality of its services.
• Monitors, measures and analyses its objectives and targets for continual suitability to verify that processes are effectively implemented.

Falcon Navigation Shipmanagement SA is committed through continuous efforts to improve environmental performance in all areas required by the international regulations, laws and Company’s SMS towards a cleaner environment, and to ensure:

• Pollution prevention that emphasizes source reduction, including necessary funding and human resources, to effectively maintain the on board systems, equipment and components.
• Continuous reduction of environmental risks including reduction in permitted emissions.

The Company’s goal is to achieve ZERO spills or releases to the environment through continuous improvement.

For achieving this goal, the Company:

• Complies with all applicable environmental laws, regulations and requirements and applies responsible standards where laws, regulations and requirements do not exist.
• Responds quickly and effectively to environmental incidents resulting from its operations, in co-operation with industry organizations and authorized government agencies.
• Assesses all identified risks to the environment and establishes appropriate safeguards.
• Undertakes appropriate reviews and evaluations of its operations to measure progress and to foster compliance with this Policy.
• Conducts and supports research to improve understanding of the impact of its business on the environment, to improve methods of environmental protection and to enhance its capability to make operations compatible with the environment.

Falcon Navigation Shipmanagement SA holds health and hygiene as first priority in its operations, while its outmost concern is to always ensure that all employees execute their work under safe and hygienic conditions. In order to ensure high standards of health and hygiene, the Company:

• Complies with all applicable legislation and regulations, observes relevant guidelines, and applies responsible standards where laws and regulations do not exist.
• Seeks to identify and evaluate health and hygiene risks related to its operations that potentially affect employees, contractors or the public and establishes appropriate safeguards.
• Communicates knowledge about health and hygiene risks to individuals in potential risk or organizations and the scientific community.
• Determines at the time of employment and thereafter, as appropriate, the medical fitness of employees to perform their work without undue risk to themselves or others.

The Company’s goal is to achieve the highest standards of health and personal hygiene through continuous improvement.

Our commitment to maintain safe and healthy working environment includes also to be free from unauthorized drugs and alcohol. It is the Company’s Policy that NO seafarer, whatever rank, will navigate the vessel or will operate its equipment while impaired by Drugs or Alcohol or where there is any risk of such impairment. In following this Policy, Falcon Navigation Shipmanagement SA:

• Has banned all alcoholic beverages from its managed vessels.
• Has banned any form of drug, with the exception of prescribed drugs, as well as the misuse of legitimate drugs. If a crewmember is found in possession of drugs then the Local Authorities will be contacted immediately.
• Will dismiss and impose penalty, as per National and International regulations, to anybody:
  • using alcohol or banned substances on board the vessel
  • caught in possession of alcohol or banned substances
  • found to have been instrumental in bringing alcohol or banned substances on board
• Will take all disciplinary action, including dismissal, against anybody consuming alcohol, while ashore, for at least 4 hrs prior scheduled watchkeeping duties or work period.
• Alcohol is not allowed aboard ship. Under this policy maximum alcohol has been defined as blood alcohol content of 40 mg/100 ml or 0.04% BAC according to OCIMF guidelines for the Control of alcohol onboard ships.
• Requires all new recruits, prior their embarkation, to undergo a Drug and Alcohol test.

The Company, having established and implementing an Environmental Management System in accordance with ISO 14001, believes that although shipping is by far the most fuel-efficient mode of transport, nevertheless additional action has to be taken to further improve the energy efficiency of ship related operations. In our efforts to enhance the energy efficiency of the shipboard operations, the Company is committed to:

• Establishing and maintaining a Ship Specific Energy Efficiency Management Plan (SEEMP) which should be regularly reviewed by all concerned departments and approved by the management of the Company. This Plan, which applies to all fleet vessels, provides standard procedures and practices on best energy management under the various operational modes of the vessel.
• Implementing an Environmental Management System supported with several environmental programs with the objective of continually increasing energy efficiency and minimizing energy waste.
• Promoting energy efficiency awareness through training to the shore and sea-going personnel and implementing energy related Campaigns and other personnel incentive/motivating programs.
• Monitoring and complying with all applicable legal requirements related to ship energy management.

Company’s sense of responsibility, which is expressed in terms of morality and trustworthiness, is reflected through its commitment to:

Respect, protect and fulfil human rights around the globe and maintain ZERO tolerance tactic in any violation.

The Company protects the rights of its employees or future employees regardless of race, colour, sex, age, religion, national origin, gender identity & expression, genetics, sexual orientation, disability or other protected status under the applicable laws. The Company is committed to provide opportunities and resources to support its employees. The Company considers the employees, the customers and the external providers as “its people” and treats them with dignity and respect. Dignity and respect govern each aspect of Company’s acts, from the establishment of a safe and secure working environment for all its employees or future employees with equal employment and career development opportunities to the conduct of its high-quality business in a lawful and reliable manner.

The Company maintains a Cyber Safety and Security policy to declare its commitment to protect its critical information and cyber assets both onboard and ashore. In order to safeguard the confidentiality, integrity and availability of information, the Company acts proactively and identifies vulnerabilities and security threats, while establishing relevant Cyber Security Risk Management procedures and maintaining Cyber Security Protection Measures. Through the Cyber Safety and Security Policy, the Company aims to:

• Prevent internal or external actions (or lack of actions), deliberate or accidental that compromise or may compromise cyber security.
• Ensure that all regulatory and legislative requirements are met.
• Undertake preventive actions to ensure hardware’s and software’s uninterrupted operation.
• Ensure that, with appropriate training, onboard and ashore personnel adhere to the Cyber Safety and Security Policy and are able to implement, manage and sustain cyber security procedures, including the reporting and investigation of actual or suspected breaches of information security.
• Ensure that the Cyber Security Plans are kept up to date by incorporating relevant information from internal and external sources taking into account incidents, amendments and clarifications on legal issues, industry status and external service providers feedback.