Sustainable Maritime Transport Systems News

The IMO and the Republic of Korea have signed a suite of agreements to formally establish and boost the IMO-Republic of Korea Sustainable Maritime Transport Cooperation (SMART-C) program.The goal of the KRW 25.5 billion (approximately $20 million) SMART-C program is to promote sustainable maritime transport systems and a sustainable marine environment by building knowledge and developing technical capacity in developing countries via long-term thematic projects.This Official Development Assistance (ODA) funding will ensure long-term programming of several technical cooperation projects.

Capital Ship Management Corporation is prioritizing a business strategy inspired by, and applying, the key principles and goals of the International Maritime Organization’s (IMO’s) Strategy for Sustainable Maritime Transport Systems. Capital is incorporating key 'imperatives' and 'goals', as defined by IMO in the company’s management systems across its operations. Capital has established a task force to implement specific actions, plans, processes and to develop systems addressing sustainability. Priority has been given to the promotion of a safety culture and environmental stewardship, as well as to the education, training and support of seafarers.