Stolt Tankers is proud to announce that the Stolt Tankers Joint Service Pool, together with its partners NYK Line, CMB Tech, Tufton, and Farvatn, will donate US$110,000 to three environmental projects focused on carbon sequestration (capture and storage), promoting biodiversity and developing marine ecosystems.

Project UGAT (Upsurging Greenery Amidst Tide) was set up by Stolt-Nielsen, and supported by the Junior Chamber International Regatta, in the Philippines in 2021 to increase mangrove cover and improve habitat quality in targeted areas of Iloilo and Guimaras (pictured above).

Kelp Forest Foundation is a young Netherlands-based organisation focused on improving kelp and ocean health globally through research and education. The donation will support its current projects in Namibia and New Zealand.

STJS and it partners have also chosen to support MSS Research Foundation’s Integrated Multi Trophic Aquaculture project to foster seaweed generation along the Indian coastline. The India-based non-profit research foundation aims to accelerate the use of modern science and technology to support environmentally friendly agricultural and rural development to improve the lives and livelihoods of communities.

“We are delighted to join with our partners to support these three organisations, which are all doing incredible work to enhance the ecological health and biodiversity of our planet and support local communities,” said Stolt Tankers’ President Maren Schroeder.

“Our support for these projects aligns with Stolt Tanker’s own sustainable initiatives, our commitment to UN Sustainable Development Goal 14 – Life Below Water, and our ambitions to reduce our carbon intensity by 50% (compared to 2008 levels) by 2030 and be carbon neutral by 2050.”

In 2022 and 2023, STJS and its partners donated a total of $200,000 to Coastruction and One Tree Planted, projects working towards the regeneration of coral reefs and global reforestation, respectively.