Sustainability

Participation in Forums or National CommitteesParticipation in Forums or National CommitteesThe Government invites participation from the industry from time to time in formulating policy, plans and procedures. This isnormally done through a request to the Indian National Shipowners association (INSA). Besides, the Classification societies andIndustry associations have country committees to address several sectoral issues and we are actively participating in suchcommittees. The senior management too represents on the Boards of a few associations and councils where the following arenormally on the agenda:• Future rules and regulations for marine and offshore industry• Proposed Amendments to existing rules and regulations for marine and offshore industry• Evaluation and impact of new regulations imposed on industry and Interpretation of requirements by IACS societymembers for ease of understanding and implementation• Role of classification societies and their products to assist Industry• Presentation and discussion on various issues such as Marine Incidents and investigations , Latest technology andinnovations , Safety and environment issues , Human resources , Surveys and inspections including FSI/PSC and othercritical issues concerning shipping and offshore Industry• Presentation and discussion on various existing and innovative designs of ships and equipmentsThe following gives Essar Shipping's presence in such fora.Industry Presence Position Purpose/Role Represented byBOARD OF INSA Director Dealing in matters related to policy initiatives for the industry Managing Directoras a whole, besides taking up issues that impact the companywhich could have a bearing across member companiesBOARD OF Alternate Representing the country in the forum of international maritime Managing DirectorBIMCO Director fraternity, discussions on matters that impact shipping globally,contributing towards policy decisions and to issues that impactvarious functions of shippingBoard of Steamship Alternate Contributing towards policies on risk management for Managing DirectorMutual Underwriting Director members, providing appropriate support to memberAssn.(SMUA)companies, evaluating activities of the insurance manager etc.(P&I Club)CII NATIONAL Member To identify and postulate policy framework that will enable Managing DirectorCOUNCIL FORprogress of the industryTRANSPORTATIONWORKING GROUP Member To identify specific medium term plans, targets and resource Managing DirectorFOR SHIPPING,needs. To assist Govt in formulating such policies and12th FIVE YEARproviding necessary inputsPLAN, PLANNINGCOMMISSION OFINDIA78