1.0 COMPLIANCE POLICY

Continuously improving our services to customers and meeting their expectations.
Performing contracted work safely and efficiently in accordance with the customer’s requirements and satisfaction.
Ensuring that our services become a benchmark for quality and safety by providing employees with a high quality working environment.
Empowering each employee to support continuous improvement of our quality management system.
Innovate and continuously review for improvement of all our services and quality management system.

2.0 COMPANY POLICY

Health and safety policy
Human Resource policy
Recruitment policy
Risk Management policy
Informational Technology policy
Environmental policy
Ballet Management policy
Quality Check policy
Garbage Management policy
Security policy

3.0 Health and safety policy

The overall Health and Safety Protection Policy (the “Policy”) of ESTHAKI SHIPPING (the “Company”) endeavors to deliver services that exceed the requirements and expectations of all parties within the maritime industry and to prevent human injury or loss of life as well as to ensure and promote occupational health and safety on board all Company’s managed vessels. The above-mentioned Policy shall comply with the laws and regulations of the flag state(s) of the ships under its management as well as with the international regulations and conventions and the relevant standards and guidelines. It also shall comply with the requirements of the International Safety Management Code (the “ISM Code”).In order to achieve the above-mentioned objectives of the Policy, the Company shall endeavor to :

Prevent human injury or loss of life, targeting to zero incidents through continuous improvement;
Assess all identified risks to its ship and establish appropriate safeguards;
Continuously improve safety management skills of personnel ashore and onboard ships, including preparing for emergencies;
Ensure compliance with mandatory rules and regulations;
Ensure adherence, at all times, to the documented operating procedures by a system of internal verification of procedures and activities;
Maintain a drug free working environment;
Ensure that no seafarer will navigate a ship or operate its onboard equipment whilst impaired by drugs or alcohol;
Provide adequate resources for attaining the goals;• actively encourage personnel participation in the implementation of the policy;
Provide services that meet or exceed applicable statutory and regulatory requirements;
Provide appropriate working environment and accommodation conditions to all seafarers serving onboard;
Safeguard the well-being and good health of all seafarers serving onboard;

4.0 Human Resource policy

4.1 OUR PRINCIPALS FOR HUMAN RESOURSES :

Keeping at the forefront of all employees work motivation and loyalty.
Developing the performances of the employees with regular training.
The career planning and developing of employees in line with the organization.
Fair remuneration and rewarding.
Staff supports according to our company requirements

4.2 OUR EMPLOYEES

Our company values of business ethics and principles are fundamental for our success.
Our employees have right to express their opinions and Obtain information in line with the principles of our company.
We believe that team work is the foundation of our success.
Our aim is to keep highest level of quality in all our Services Our principal of management is based on labor of Employees

4.3 Crew policy

The crew is the most important factor in ship management And the quality of the people working onboard a vessel Is the key to success.
The safety and welfare of any person on board is of utmost Importance to the company, both as a human being and as a professional seaman. The company entrust these women And men the responsibility to operate and maintain the Vessels according to national and international rules and Regulations, the safety management system, to the owners Requirements and to our customer’s satisfaction.
ESTHAKI SHIPPING seek long term perspectives in our Business approach and developments, and we seek Continuity with our crew in order to enhance safety and to Serve our customers needs:
Continuity will give better understanding for our business Needs, our corporate culture, our operating procedures and Our policies and requirements
Each individual is encouraged to complete necessary training And courses required for safe and efficient operation.
Communication is crucial. English is the company working Language.
In order to maintain a good working environment, we give high Priority to the motivation of our personal and development of Social life on board our vessels.

5.0 Risk management policy

All businesses have risks. The shipping industry Is no exception and there are several factors that Should be taken into consideration. Safety, Problem resolution, timely delivery, accurate Delivery, lost merchandise, fees, taxes, and Insurance are some factors that should be examined When dealing with the shipping industry to minimize As many risks as possible.
When dealing with a business, the pros and cons should be weighed. In shipping the advantage is the Ability to buy anything from anywhere in the world And get it delivered to your door with no more effort Than a click of the mouse. But the cons include all The risks and possible additional fees surrounding your purchases. Delivery problems include lost items, Damaged merchandise, delayed delivery and misrouted goods.
At times, there is good cause for delivery problems. Natural disasters, wars, terrorism, and cargo theft are Reasons for losing or delaying shipped items. Accidents including shipwrecks, truck, plane, and train crashes are common, accounting for lost, delayed or damaged goods. However, because of the potential shipping risks, insurance is available to cover costs. Before choosing a transportation career, examine the insurance terms to ensure losses are covered via refund or replacement.
Knowledge is the key factor in minimizing risks associated with shipping. If the risks are understood, Information can be obtained to ensure they are dealt with properly.

6.0 Informational Technology policy

“ New thinking, supported by information technology, could see the ‘ put upon ‘ ship-owner become the highly valued logistics provider ” drewry said.
Electronic commerce also will spur demand for shipping services by increasing trade in general, the firm predicted.
It said shipbrokers and other intermediaries will have to Adapt to such changes, with brokers perhaps offering One-stop freight services, including arranging ocean carriage, port handling, storage, insurance and inland Transportation.
The study, titled “ IT AND SHIPPING “ said creative use Of information technology will have a benefit comparable To that of containerization, bulk shipment of cargo and The construction of the Suez and panama canals. Use of Computers and the internet will make it easier for buyers And sellers of traded goods to communicate directly with Each other, which could pose a threat to carriers and other intermediaries. However, drewry said, “ THERE SHOULD BE MORE-THAN-COMPENSATING OPPORTUNITIES . “
For example, shippers will become more attuned to sophisticated supply chain management and may turn to Ocean carriers for help.
“ The growing power and speed of computing and communication is reshaping the shipping industry, “ Concluded.

7.0 Environmental policy

ESTHAKI SHIPPING is committed to maintaining and improving Environmental programs which continually improves our effort To minimize the impact to the environment.THE KEY POINTS OF OUR STRATEGY TO ACHIEVE THIS ARE TO :
Minimize waste by evaluating operations and ensuring they are as efficient as possible.
Safeguard accidental impact through implementation and Monitoring of proactive management systems and risk Assessments.
Minimize toxic emissions through the selection and use of its fleet and the source of its power requirement.
Actively promote recycling both internally and amongst its customers and suppliers.
Source and promote a product range to minimize the environmental impact of onshore and offshore activities.
Establish specific environmental targets and carry out measurements against them which include “ KEY PERFORMANCE INDICATORS “ KPI tables.

8.0 Ballet management policy

ESTHAKI SHIPPING committed to providing a safe working Environment for seafarers aboard managed ships. To Achieve this MATRIX ship management Ltd undertakes to Ensure that the following considerations, in particular, are Met :

Safety at sea, including safe practices in ship operation, a safe working environment, and safeguard against all Identified risks.
MATRIX ship management Ltd actively encourages all sea staff to report any accidents and incidents.
Prevention of human injury or loss of life on board having due regard, in particular, as to the risk and exposure of seafarers ;
The avoidance of damage to the environment and property from ship operations, in compliance with international conventions and with due regard to applicable codes, guidelines & standards; objective of MATRIX ship management Ltd is to have zero spills into the environment, the aim is to eliminate the Possibility of pollution at source on vessels managed by the company.

9.0 Quality Check policy

ESTHAKI SHIPPING committed to meeting our Customers requirement through a process of continual improvement of management processes and procedures To ensure that all requirements are met in an efficient, Timely and cost effective manner.This will be achieved through :1 . Continuous improvement in the safety management skills of personal both ashore and aboard ships, including preparing for emergencies related to both safety and the protection of the environment ;2 . Continuous monitoring of the technical condition of ships and a high standard of qualification of the staff ;3 . Participation of all staff members in quality and Safety objectives and measures, with a view to a steady improvement of quality of operation, Commensurate with economic aspects.

10.0 Garbage Management policy

An approved garbage management plan must consist of the following ships details.
List of equipment’s for handling garbage on ship.
Placards to be posted for disposal criteria.
Possible local recycling arrangements.
Written procedures for collecting garbage.
Garbage processing methods available on the ship.
Garbage storing methods and garbage Station.
Garbage disposal methods.
Identify the location of each collection point.

11.0 Security policy

He company guarantees it’s commitments on matters of security and declares that all work Conducted by its personnel , either ashore or on board will be effectively supervised in order to comply with the aims listed hereunder in order of priority ;
It is the policy of the company to provide a secure working environment by establishing And maintaining the required security measure to prevent unlawful acts, which endanger The safety and security of persons and property on board the ship .Company objectives are to :
Provide security procedures and practices for ship operation to protect the security of ports and the wider community .
Established safeguard to reduce the risk to passenger, crew and port personnel on board .
Improve the security skills and awareness of company personnel ashore and on board .
Prepare contingency measure for emergencies relating to possible security incidents .
These objectives will be achieved by :
Comprehensive training for company and ships personnel . The personnel undergo training both immediately upon hiring and continuous during their employment .