COMPLIANCE POLICY

ALBATROSS SHIPPING AND MARINES SERVICES FZCO HAS ESTABLISHED AND ANNOUNCED THE CORPORATE COMPLIANCE POLICY IN ORDER TO COMPLY WITH APPLICABLE LOCAL & INTERNATIONAL LAWS, RULES AND REGULATIONS.

This is to encourage employees at all levels to be aware of risks to the Company that may arise as well as adhering to them in carrying out their duties and responsibilities. Compliance to the good governance will ultimately lead to a sustainable organization with public credibility and trust. Thus, to safeguard the Company, Directors, Executives, employees and stakeholders, the Company has established the Corporate Compliance Policy that comprises the followings.

  1. Executives and all employees shall strictly adhere to and comply with statutes that include laws, rules, and regulations, Company regulations, conformity, Business Code of Conduct, policies and work procedures
  2. Executives and all employees must fully understand and perform their duties and responsibilities in relation to laws, rules, regulations, and work procedures. They shall also be aware of and understand the consequences and damages resulting from non-compliance and negligent performance of their duties and responsibilities.
  3. Executives and employees shall respect and abide by all domestic and oversea laws, rules and regulations. Illegal proceedings shall not be tolerated.
  4. Executives and employees are to communicate, promote, and execute the culture of integrity and honesty; the values that strictly comply with rules and regulations of the Company.
  5. The Company has assigned the Risk Management Committee whose duty is to monitor the effectiveness and efficiency of operations, sub sequentially improve and develop processes to align with internal and external business operations. This includes responding to any potential changes that might occur.
  6. Employee who provides any misconduct or act that appears to be violating or not comply with applicable laws, rules and regulations, will have protection and receive fair treatment according to the Company’s Whistleblower policy.
  7. Management is committed to International & Local Laws pertaining to but not restricted to Corporate Ethics / Anti Bribery & Corruption Laws / Environmental Laws and Policies

Enshrined in our corporate culture at all levels of the company, management and employees alike, is a responsibility for full compliance and performance of all tasks with integrity.

QHSE Policy

HSE Policy Statement

Albatross’s policy is to provide and maintain a safe and healthy work environment at all times. Our goal is to prevent occupational accidents, injuries, and illnesses and this will be achieved by Management, who shall place accident prevention and the protection of health and safety of every employee, above any other consideration of job operation or administration. Albatross’s goal at every level shall be to ensure throughout every phase of job operation, the health and safety of our its employees, the client employees and the employees of every sub-contractor.

Albatross recognizes that the responsibility for employee safety and health requires constant and continuing efforts of a partnership of company management, its employees, sub-contractors and all the participants and stake holders directly or Indirectly.

Albatross shall comply strictly with all legally mandatory and generally accepted work practices and procedures for the protection and promotion of health and safety of its employees and others, who may be affected by the company’s activities, and shall strictly adhere to all site safety and health standards and job work rules and practices. Employees at all levels shall work conscientiously and diligently to execute the company’s health and safety policy of maintaining the highest standards of occupational health and safety to prevent human suffering and losses, which result from unsafe practices.

Albatross shall promote and enforce the development, dissemination, implementation, effectiveness and improvement of its health and safety program. Albatross shall pursue a HSE strategy to achieve the company’s goal to prevent human suffering and to limit losses by leadership in the prevention of accidents, injuries and illness.

Albatross’s HSE Policy emphasizes that every employee and official of the company is unreservedly committed to achieving our ultimate HSE target, which is Zero Accidents, Zero Incidents and Less Pollution and Minimum Waste.

Albatross accepts its responsibility to lead in the promotion and practice of its health and safety program and emphasizes the policy to all staff and subcontractors.