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In measures across our fleet, while also identifying and successfully pilot-testing new innovations that will be implemented in 2022.
Overall, these efforts have helped to significantly improve our emissions performance.
Since emissions intensity has decreased 26% in our Suezmax fleet, and 9% in our Aframax fleet.
The smaller reduction in our Aframax fleet is due to a larger portion of our fleet engaged in ship-to-ship lightering activities in recent years, which results in higher EEOI values compared to conventional trading patterns.
Our own goals align with the IMO’s ambition, which is to reduce the energy intensity of our fleet by at least 2030.
We have made good progress and are well-positioned to comply with the upcoming Energy Efficiency Existing Ship Index (EEXI) requirements in 2023.
In the years ahead, we will continue to test and implement successful energy efficiency initiatives across our fleet and will continue to investigate new technologies to reduce emissions.
Air Quality Full compliance with the IMO resulted in fleet sulfur oxide (SOx) emissions decreasing by more than 80%.
Teekay Tankers continues to use low-sulfur fuels and has not installed any exhaust gas cleaning systems (scrubbers).
In (MEPC) published the final requirements for compliance with the Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII).
19,998 19,195 3,096 2021 3,177 improvement in vessel design efficiency for tankers from a baseline introduced in 2013.
After analysis performed with each of our Classification Societies, we have identified that implementing an engine power limitation (EPL) for our vessels is the most cost-effective manner to achieve these requirements, and we are planning for EPL hardware installations in 2022.
The power limitation will have a negligible impact on the speed of our vessels and will still allow for maximum engine power to be used in case of an emergency.
Separately, discussions are ongoing at the IMO for the adoption of several CII correction factors to account for certain unique tanker operations that necessarily increase fuel consumption, such as cargo heating and ship-to-ship (STS) operations.
We believe that the application of suitable correction factors will reduce recorded tanker emissions by about reductions in our vessels’ emissions can be achieved through proper operational planning, usage, and vessel positioning.
We are working on various energy saving devices that can assist Teekay Tankers to save fuel and are also working to build a CII Predictor Tool that can be used by our chartering and commercial teams to position and trade our vessels to ensure acceptable CII ratings.
Marine Ecological Impacts We have installed Ballast Water Treatment Systems (BWTS) on 22 vessels in our fleet.
In the fourth quarter of completed BWTS installations on Garibaldi Spirit and Whistler Spirit in afloat condition alongside in a Turkish yard.
We have also started installations of a “single skid” system, the first of this series in our fleet.
In to 12 more BWTS installations in our fleet, with installations distributed between Turkish and Chinese yards.
We are also studying various filterless BWTS options available in the market.
FuelOpt The system assists to automatically optimize fuel consumption by maintaining a steady shaft power.
A successful pilot test was conducted in will be installed on three more vessels in 2022.
Cleaning An ultrasonic propeller cleaning tool is now installed on keep the propeller blade surface free of fouling.
ShipShave A semi-autonomous hull cleaning tool that can be used during sea passages to keep a silicone-coated hull free of fouling.
Frequency Device VFDs reduce the operating power and electrical load of onboard machinery.
Coatings In silicone hull coatings compared to traditional anti-fouling.
Upgrades planned for Rio Spirit to improve main engine efficiency by maintaining balanced cylinder pressures across the engine.
Boiler Optimization In 2021, we identified a vessel to pilot test continuous low load operation of the auxiliary boiler, which will save fuel by avoiding frequent boiler start-stops.
Coral Knight is an emergency towage vessel (ETV), and the only ETV of its type in Australia.
It operates in the Particularly Sensitive Sea Areas (PSSA) of the northern Great Barrier Reef and Torres Strait and is equipped to respond to maritime incidents such as search and rescue or oil pollution response as a first strike vessel.
Sycamore is a multi-role aviation training vessel (MATV), and its primary role is to support maritime aviation training for helicopters used by the Australian Defence Force.
Its further capabilities are torpedo and mine recovery, dive support, target towing, consort duties, and unmanned aerial vehicle support.
ADV Ocean Protector Ocean Protector is operated under the Royal Australian Naval Flag by a civilian Teekay crew.
The vessel provides support to Australia’s civil maritime border operation – ‘Operation Sovereign Borders’.
MV Besant Besant is an Escape Gear Ship (EGS).
The primary purpose of the vessel is to deploy specialist onboard equipment used to locate disabled submarines, establish the condition of submerged vessels, and facilitate preparations for an underwater evacuation.
MV Stoker Stoker is a Rescue Gear Ship (RGS).
The vessel’s primary role is to provide a continuously available and sustainable capability to rescue personnel in the event of a submarine becoming distressed or sinking.
The ship is designed to rescue submariners using submersible equipment and providing initial medical treatment.
MV Mercator Mercator 1 is a modified Pacific Class patrol boat based in Sydney.
Its primary role is to support Sydney-based navigational training in conjunction with the RAN Navigation faculty.
As a smaller coastal vessel, the Mercator plays a key role in training RAN sailors in coastal navigation, ship handling and watch keeping procedures.
Teekay Australia is a pre-eminent marine services company.
Our key capabilities are marine operations, supply and maintenance support, engineering support, asset management, drydocking, and Australian crewing and training.
Today, Teekay Australia forms an integral part of the global Teekay operations in the Asia Pacific region.
Teekay Australia was established in acquired Australian Tankships and began owning and managing four tanker vessels on the Australian coast.
Over the last environment, Teekay Australia has grown to provide a range of marine services and has developed a significant level of expertise and experience to support the requirements of various clients, including the Commonwealth of Australia.
In government contract called the ‘Defence Marine Services Support Program (DMSSP) – Service Package 2’ to manage five defence support vessels.
Teekay Australia Employee Facts PEOPLE AND DIVERSITY Managing such a varied fleet means that a one-size-fitsall approach is rarely suitable and therefore each aspect of ship management needs to be evaluated, risk-assessed and managed individually to suit the vessel’s unique profile.
From three offices located in Sydney, Perth, and Cairns, we employ a total of indigenous origin and 226 permanent Australian seafarers.
Teekay Australia celebrates its diversity and the benefits it brings to our work culture.
Teekay Australia is committed to offering fair and equal employment opportunities.
HEALTH AND SECURITY Health and Well-being COVID-and we acknowledge the stress and strain this is placing on individuals and their families.
To support our staff, Teekay Australia took every opportunity to highlight the availability of our Employee Assistance Program (EAP) to all staff and their immediate families.
Security Serving the Commonwealth of Australia as our client means that we must comply with several defence security requirements that are over-and-above regular security measures on merchant vessels.
Teekay Australia manages this through establishing necessary processes and controls for document handling, by raising staff security awareness through regular training, and by holding security risk management workshops and cybersecurity awareness campaigns.
OUR RESPONSE TO COVID-Throughout 2021, the shipping industry continued to face unique challenges related to the ongoing COVID-19 pandemic.
Staying true to our SPIRIT values, we placed significant effort in understanding and addressing the potential impacts to our global employee population and their families, and our business continuity plans remain firmly in place to minimize the risk of infection on board and ashore.
At sea, the situation is improving, although the challenges for our sea staff are not over.
The new variant has spread fast, and many seafarers tested positive while at home even though they were asymptomatic.
We are continuing all our precautions for seafarers while embarking or disembarking from vessels, including PCR testing prior to joining a vessel.
With the increased availability of vaccines, we have encouraged our seafarers to be fully vaccinated prior to joining a ship.
Some seafarers have also now received booster doses.
On shore, Teekay implemented a global hybrid work model to support employee flexibility with working both from home and in the office.
To support the success of the new working model, local workplace flexibility guidelines were implemented.
While working in the office, our priority was ensuring a safe working environment for all employees.
COVID-and workplace safety standards were adopted in all offices, and regularly updated to meet the changing local government legislation and guidance.
In addition, we provided support to employees for vaccinations, testing, and virtual healthcare.
To further support the transition to a hybrid work environment, we hosted a virtual event for global sea and shore employees to connect and collaborate through the Teekay ‘Future of’ Summit.
Shore employees also had access to various social activities and learning through digital platforms.
PEOPLE AND DIVERSITY A Diverse and Inclusive Workforce We are proud that our long history has represented a varied set of experiences, perspectives, and cultural backgrounds and we are proactive in promoting equal career advancement opportunities for all our employees.
Our pilot program in to support the advancement of female leaders offered valuable insights on our continued journey to promote a diverse and inclusive workplace.
We believe improving gender balance at the leadership level facilitates better decision making, increases innovation, and overall productivity.
We were proud to see women in our pilot program accept increased responsibilities in their respective roles.
In be further explored across other demographics as we continue to proceed with launching our Diversity and Inclusion strategy for our sea and shore staff.
Respecting Labour and Human Rights At Teekay, we treat people fairly and respect labour and human rights.
We ensure that all our business partners and suppliers follow the same principles.
We take all labour and human rights allegations seriously and address all such concerns that are raised regarding these policies.
In the development of our Diversity and Inclusion strategy, we will focus on increasing employee awareness on labour and human rights policies and programs.
Supporting Health and Well-being Health and well-being continue to be an important focus for Teekay, both for our seafarers and for those employed in our offices globally.
The COVID-heightened attention and awareness, and we have responded with programs to support health and well-being, including the mental health of our employees.
Throughout Employee Assistance Programs, delivered health and wellness programs, educational resources, and supported and implemented additional virtual healthcare services.
We also offered flu vaccine clinics in selected locations.
In addition, an added emphasis was placed on the mental health of our shore-based employees.
We hosted webinars, ran awareness campaigns, and provided on-line resources to support with identifying and addressing mental health concerns.
This past year, the Teekay Foundation added another fifteen disadvantaged youth to the program, who successfully passed the scholarship for 2021.
These cadets attended classes and training while adhering to all government pandemic health and safety requirements.
Cadets completed their practical training through a combination of simulators and school laboratories with hybrid online learning and mentoring to address gaps in their in-person lessons.
Cadets were able to attend school extracurricular activities, sailings, coastal clean-ups, community extension activities, and soft skills enhancement training.
The cadets have completed their full vaccinations and have also participated in the school’s mental health webinars.
Teekay and The Teekay Foundation have sponsored a total of forty-two students since the grants started in 2018.
Fifteen cadets have now completed their academic requirements with outstanding grades, while another twelve cadets are currently in their third year, and fifteen are in their first year.
The Future Leaders Program (FLP) prepares students for a career in the maritime industry.
PROMOTING RESPONSIBLE SHIP RECYCLING In 2009, the IMO adopted the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, which ensures that health, safety, and environmental risks are minimized as much as possible throughout every part of the recycling process.
Not only do we support the Hong Kong Convention—but we believe more can be done.
We have developed and adopted a stringent process for ship recycling that goes above and beyond the Hong Kong Convention, and by being directly involved on-the-ground, we ensure this standard is met when recycling our vessels.
To drive change, we are also an early supporter and member of the Ship Recycling Transparency Initiative (SRTI).
We were the eighth leading ship owner to join the SRTI.
In recycling at M.A.R.S. Europe’s EU-approved facility in the Port of Frederikshavn, Denmark.