PROJECT/heavylift specialist AAL Shipping has joined more than 190 companies battling maritime industry crime through the Maritime Anti-Corruption Network.
MACN, a global business network dedicated to freeing the maritime industry of corruption and enabling fair trade harmonisation across the world’s jurisdictions, was established in 2011 by a small group of shipping industry companies and states it is “one of the pre-eminent examples of collective action to tackle corruption in the shipping industry”.
Felix Schoeller, director of AAL and member of its sustainability committee, said good governance was critical to AAL’s corporate ethics, “and we are doing whatever we can to harmonise the strictest environmental, social, and governance (ESG) standards across our operations and global network.
“In this regard, joining the MACN was a fundamental requirement in protecting the interest of our customers and supply chain partners, no matter where in the world they operate,” Mr Schoeller said.
“AAL is looking forward to being an active member of this organisation. The MACN is incredibly proactive in raising standards amongst its membership to help fight corruption, but also in harnessing its collective power to lobby for change and fair-trade principles.”
AAL noted that as part of its advocacy for sustainable practices, good corporate governance and in the protection of its global partners, the company has also taken a strong position on international sanctions adherence and the harmonization of ethical business conduct across its entire operational network.
AAL was also the first multipurpose project heavy lift carrier to calculate and employ measures ahead of the 1 January 2024 launch of the European Union Emission Trading Scheme (EUETS).
AAL operates two Asia-Australia services with multi-purpose/breakbulk vessels equipped with heavy-lift capacity.
Late last year AAL Limassol, the first of the company’s new Super-B-class vessels, was floated out of the building dock at China’s Huangpu Wenchong shipyard.