Lookout Maritime partners with Anglo-Eastern Ship Management to advance maritime sustainability

September 12, 2021 |

In the United Kingdom, Lookout Maritime, a new company formed to drive decarbonization and wider sustainability within the shipping industry, formed a strategic partnership with Anglo-Eastern, the leading global provider of independent ship management services.

The partnership will support ship owners with both the prioritization and the implementation of sustainability initiatives. The service provided draws on the deep operational, technical and practical experience of Anglo-Eastern combined with the wider strategic context and implementation support provided by the domain experts at Lookout Maritime.

The initial focus of the partnership will be on delivering a sustainability review at a fleet level for ship owners, including the EEXI and Cii. Detailed recommendations on identified conversion candidates are provided after consideration of a range of factors and drivers. This includes the future tradability of the vessels and other commercial implications, as well as a business case if required. The experienced project teams at Anglo-Eastern will then manage the conversion project on behalf of the owner which provides added confidence in the outcome.

As the expectations of society, charterers, shippers and financial institutions to adopt more sustainable practices continues to grow, all participants in the maritime supply chain are being asked to demonstrate tangible progress on both sustainability and ESG (Environmental, Social, Governance) practices. There are many good reasons to implement wider sustainability initiatives; to provide a meaningful contribution towards a better maritime industry, for the benefit of all who work in it and the global communities that it serves, as well as the clear commercial drivers. By considering a wider perspective in the development of solutions, the risk of unexpected surprises is also reduced.

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Category: Fuels

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