EXMAR report 2025

2.3 Supporting services 49 2.3.1.2 SHIPPING EXMAR Ship Management teams are actively preparing for the entry in management of the world’s first ammonia fueled vessels, working on risk assessments and development of procedures, participating in the Joint Development Project- meetings, and representing EXMAR at industry forums. Close interaction with EXMAR Technical is ensuring that the design philosophy of the new vessels is translated into operational procedures. Additionally, EXMAR Ship Management together with EXMAR Group staff have been supporting the Belgian Administration at the IMO Sub-Committee on Human Element, Training and Watchkeeping (HTW) and IMO Sub-Committee on Carriage of Cargoes and Containers (CCC), influencing changes to applicable regulations that will allow the new vessels to commence sailing. In 2026, EXMAR Ship Management will add eight (8) midsize fully refrigerated gas carriers to its diversified portfolio. 2.3.1.3 PEOPLE Highly skilled people are the cornerstone of our success, both ashore and onboard. With an overall seafarer retention rate of 92%, we are proud to keep the expertise in our firm and to be able to train the next generation. The relationship between ship and shore is strengthened by management visits onboard, captain’s tables and crew conferences. 2.3.1.4 REGULATIONS EXMAR Ship Management relies on robust processes for identifying and adopting applicable requirements, with external verification confirming continued compliance of existing certification against the requirements of the International Safety Management (ISM) Code on behalf of the Administrations of Bahamas, Belgium, Liberia and Marshall Islands and with new certification obtained from the French Administration following successful audits both onboard and ashore.