LMM Vision Issue 17 - Q2 2024

QUARTERLY EDITION | ISSUE 17 | Q2 2024 LATSCO MARINE MANAGEMENT INC. 9 772653 951008 17 ISSN 2653-9519 Awareness Campaign for tobacco use The 5 Principles of Human and Organizational Performance Improving the Learner Mindset in our Company

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3 LMM V I S I O N ISSUE 17 | Q2 2024 Dear colleagues, Second quarter has already come to an end, and we are glad to share with you the Company’s milestones and achievements. We are proud to announce that the first Bulk Carrier Marla Royalty of six (06) series was successfully delivered on 26th April 2024 and taking this opportunity I would like to congratulate all personnel involved! From this Issue reference could not be missing to POSIDONIA 2024 the world’s most prestigious maritime event with our Company hosting a memorable party in our premises. It was a great opportunity to meet valued guests from global shipping, exchange views focusing on future developments and strengthen our relationship for future synergies. In addition, several members of our Company participated in many events organized in Posidonia week. Our strong and continuous presence to many forums, committees, conferences and university events continued and during Q2, enhancing Company’s extravert culture and gaining knowledge on various technological advancements while staying close to all latest developments. Within this quarter our commitment towards innovation and digitalization led to our involvements in weather routing solution and partnerships with TUV Hellas into a pioneer certification project of our data systems and platforms for enhancing sustainability, improve environmental protection push towards decarbonization. Always on top of management agenda is to visit company’s vessels. During this quarter, priority was given was to visit four vessels of Company’s fleet undertaking their special survey, for talking with people and observing vessel’s condition and overall status. I would like to thank our team both onboard and ashore for all Message from COO In this issue 04 LMM at a glance 06 Company News 13 Awareness Campaign for tobacco use 16 Improving the Learner Mindset in our Company 18 Evolution of LNG cargo operations 20 The 5 Principles of Human and Organizational Performance 21 Manifold reducer leakage during discharging operation their efforts! In addition, Company’s Participation to Career Days forum either at our premises or forums outside attracting young professionals and discussing with Mariners or Office personnel it was quite intensive and we are glad that our Company is always on the frontline of all events! In addition, as per Company’s commitment to Social Responsibility and Accountability, we are more than happy for receiving ESG Gold Award. As Community Contribution Leader. The award came as recognition, more than anything, the work we do in educating and supporting new generation in Shipping. In conclusion and as key outcomes of MRM Q2 2024, we progress by placing great focus on: ●● Enhance the proactive approach at all aspects of our operations ●● Implementation of SIRE 2.0 ●● Enhancing the qualitative root cause analysis on every finding identified internally and externally ●● Identifying trends and establishing proactive actions on sustained defects attention ●● Working towards Maritime Fuel EU Regulation adoption and implementation ●● Continue the challenging work of PMS transition to a new provider ●● Participation on various innovative projects with Key Industry Partners The next quarters will be very demanding, with the already planned newbuilding projects with four (04) newbuilding deliveries for 2025 and seven (07) scheduled special survey to be performed. Enjoy reading! EDITORIAL Antonis Georgantzis Chief Operating Officer

4 LMM V I S I O N ISSUE 17 | Q2 2024 LMM AT A GLANCE Key Performance Indicators 100 90 80 70 60 50 40 Number of External Inspections 2024 2022 2023 PSC SIRE CDI 30 20 10 0 17 36 10 50 90 23 57 80 19 30 25 20 15 10 5 0 Fleet size 2014 - 2024 | New Building projects Existing Delivered Sold -5 -10 2023 2014 2015 2016 2017 2018 11 13 17 23 25 -4 -2 3 3 6 2 2 1 0.9 0.8 0.7 0.6 0.5 0.4 LTIF / TRCF LTIF TRCF 0.3 0.2 0.1 0 2.0 Number of Observations per SIRE Inspections 2024 2022 2023 1.5 1.0 0.5 0 1.47 1.64 1.81 2020 2021 2 2 27 2019 27 2022 4 28 2 29 -3 -2 -1 2.5 Jan22-Dec23 Feb23-Jan24 Mar23-Feb24 Apr23-Mar24 May23-Apr24 Jun23-May24 Jul23-Jun24 30 2024 -2 27

6 LMM V I S I O N ISSUE 17 | Q2 2024 COMPANY NEWS Marla Royalty, the first Bulk Carrier of the series, was successfully delivered on 26th of April 2024. ISALOS.net ‘Epilego Naftilia’event Our Crew Department Team M. Minou, Deputy Crew Manager, R. Basdekis and A. Zavantias Crew Operators, and M. Kornezou, Crew Assistant, participated in the third ISALOS. net event of the year. This time the event was held in the port of Piraeus and more specifically onboard passenger ship “Anemos”. Around 380 cadets (Both Deck and Engine) attended the event. University of Piraeus HR Team, V. Tampone, Business HR Partner, and N. Kostiani, HR Assistant, participated at the University of Piraeus Internship Program event under the initiative of Maritime Studies Department, in order to present our Company’s internship program and network with students interested in completing an internship this summer. M/V Marla Royalty delivered Company’s office personnel active participation in shipping forums Q2 2024 Company’s Active participation in various shipping forums is continuous. For Q2 2024 the following participations have been recorded: YES Forum Open Day at LATSCO premises In April we had the pleasure of hosting an Open Day in our premises in collaboration with YES Forum, where more that 30 students and recent graduates where participated. The day included presentations from HR Department and our DCOO, J. Panorios, roundtable discussions with executives of our company, career guidance from panel session from the HR Team, as well as 3D on-board tour where Capt. M. Raftopoulos and S. Koukolis, Technical Superintendent, offered valuable information.

7 LMM V I S I O N ISSUE 17 | Q2 2024 COMPANY NEWS YES Forum Open Day Within May, V. Tampone, HR Business Partner, and Niki Kostiani, HR Assistant, participated in the Open & Career Day Event organized by YES Forum at Piraeus Marine Club in Akti Miaouli. The purpose of the event was for young people to get a better understanding of the Shipping market, gain knowledge and have opportunity to get their questions answered by executives from major shipping companies. Maritime & Technology Conference Company’s HSQE Manager Petros Vikos, represented our Company as one of the 20 companies of HELMEPA. It was a great opportunity for all those travelled o Washington DC to strengthen cooperation on pollution prevention, safety at sea and sustainable development in the era of decarbonization. Syros Merchant Marine Academy visit Capt. Dimitris Kalantidis, Senior Maritime Management Advisor, visited Syros’ Merchant Marine Academy where he was invited both as a sign of appreciation for the Company’s recent donation in order to improve the Academy’s building facilities, and also to deliver a training session to the Academy students. Capt. Kalantidis delivered a ‘‘Bridge Watchkeeping Principles and Situational Awareness’’ session to third year students. DNV seminars to NTUA students - Owner’s Perspective Our COO, Antonis Georgantzis, participated in one of the DNV seminars aimed at students of the National Technical University of Athens. HR Lectures - University of the Aegean, MBA Costas Kalargyros, Group HR Director, was invited by the University of the Aegean to give two lectures to students from the “Master of Business Administration (MBA) in Shipping” program. Both lectures given by Mr. Kalargyros were focused on: ●● Modern and Integrated HR Department ●● How HR can benefit people and company growth’ Lecture - AUEB, M.Sc. In ISFM Sergios Arniakos, Sustainability Manager and Head of Derivatives Trading & Risk Management, Marla Trading, was invited by Professor Manolis Kavussanos at Athens University of Economics & Business (AUEB) to give a lecture to students of the MSc in International Shipping, Finance and Management. Swedish Club Annual General Meeting Every year, the Swedish Club hosts their Annual General Meeting in Gothenburg during the second week of June. It lasts three days and includes a full program of events, such as Board and Committee Meetings, Members’ Day with seminars and a Keynote speaker, dinners, and the Mutual Football Cup. Patrizia Dario, Insurance Manager, attended the gathering representing our company.

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9 LMM V I S I O N ISSUE 17 | Q2 2024 COMPANY NEWS Projects Partnership with TUV HELLAS (TUV NORD) Our COO, A. Georgantzis commented on another Company’s milestone for our Company: “We are proud to partner with TÜV Hellas, a subsidiary of TÜV NORD, to validate and verify our EnviroMetrics Insight Module. This initiative, driven by our pioneering effort, is undertaken for the rst time in the maritime industry. Such a partnership reinforces our commitment to transparency, accuracy, environmental responsibility, and operational excellence. By ensuring our data meets the highest quality, we can con dently report to the IMO, EU Commission, and other stakeholders, contributing to a sustainable future.” Well done to the Operational Technology & Energy Management team for their commitment and continuous efforts to advance the industry’s standards for data integrity, sustainability, and environmental responsibility! We are very happy to have received a Gold award as Community Contribution Leader at the 2024 ESG SHIPPING AWARDS, standing out for our corporate social responsibility actions and our support in the local communities. The award came to recognize, more than anything, the work we do in educating and supporting the new generation in shipping. ESG Awards - Community Contribution Leader Weather Routing Solution In May, our Company selected Ascenz Marorka, a GTT Group Company, an advanced weather routing solution, to equip 8 of our vessels. Ascenz Marorka is a leading provider of digital solutions for Smart Ships in the maritime industry. Iasonas Zacharioudakis, Operational Technology and Energy Manager, that worked on the project with the wider team remarked: “We followed a structured and thorough evaluation process, developed with Marorka, to test new technologies. This process aimed to accurately assess the capabilities of this promising technology, considering the significant challenges in modelling ship navigation. Our goal is to enhance sustainability, improve environmental operations, and optimize our environmental footprint.”

10 LMM V I S I O N ISSUE 17 | Q2 2024 Posidonia 2024 As part of the bi-annual celebrations, our company hosted a memorable party at our offices, where our closest business partners were in attendance. The event was an opportunity for valued guests to engage with industry peers, exchange insights on the latest developments and trends, as well as strengthen important relationships. COMPANY NEWS Posidonia 2024 - YES to Shipping Forum On the 7th June, the Young Executives Shipping (YES) Forum hosted a special conference for Young Executives & Students at the Posidonia Exhibition. The event marked 10 years of the YES to Shipping Forum. Our company supported this initiative once again - Vana Tampone and Giannis Moschatos, HR Business Partners, participated in round chair discussions with students, answering questions around life in shipping companies, job prospects and career opportunities in them, as well as providing general career advice. Posidonia 2024 - University of Piraeus seminar During the Posidonia 2024 exhibition, the Department of Maritime Studies of the University of Piraeus organized a public seminar on Human Resource Capital. The seminar titled ‘Shaping Maritime Careers: University education of the future’ aimed at exploring the skills required by practitioners in tackling future challenges of the maritime industry. Our Deputy COO, John Panorios, a graduate of the Department himself, participated in the very interesting panel session along with esteemed members of other shipping companies. Posidonia 2024 – 3x3 Basketball Tournament Our company participated in the 3x3 Basketball Tournament which took place on Saturday 1st June at the indoor courts of Eurohoops Dome in Kifissia. 44 teams / companies, divided into 11 groups, participated in this exciting and fun tournament which also offered many networking opportunities. The awards were handed out by EuroLeague legend, Theodoros Papaloukas. Our team consisted of: Capt. George Garyfallidis, Marine Superintendent, Thodoris Galanis, Group IT Manager, George Theodoropoulos, Cyber Security Analyst, Anastasios Livieris, OT&EM Assistant. Senior Management visits Senior Management Visits is on top of Company’s agenda. Meeting and talking with our crew members as well as observing the vessel’s condition is of vital importance. During Q2, Company’s COO visited Capt. John and Fos Picasso at Oman, Capt. Paris at Dubai and Fos DaVinci at Besiktas. Company’s Fleet Manager N. Stathakis visited Hellas Aphrodite for conducting Senior Management visit.

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12 LMM V I S I O N ISSUE 17 | Q2 2024 Promotions & New hires We would like to introduce you our new team members who joined LMM in Q2/2024: ●● New hires (name & roles): • Evangelos Georgiadis, PMS Assistant • Anastasios Aristeridis, PMS Assistant ●● Number of employees: 125 ●● Number of Managers: 27 ●● Number of Officers/Supts/Port captains: 62 ●● Number of Assistants: 36 As a result, our current headcount for LMM is 125 employees, with 27 Managers, 62 Officers/Superintendents / Port Captains and 36 Assistants. Concerning our sea staff during this quarter, we succeeded to offer 14 promotions as per below: ●● Ch/Off to Master (2) ●● 2nd/Off to Chief Off (1) ●● Deck Cadet To 2nd/off or 3rd/Off (5) ●● 2nd /Eng to Ch/Eng (1) ●● 3rd /Eng to 2nd /Eng: 3 (1) ●● Engine Cadet to 3RD/Eng or 4th/Eng (1) ●● O.S to A.B (3) 0 0.00 PSC DEFICIENCIES 0 0.00 ACCIDENTS CATEGORY A,B,C TOTAL RECORDABLE CASES 0 2.00 VETTING OBSERVATIONS 0 UNLAWFUL ACTS 0 PSC DETENTIONS Q22024 Safety Scorecard LTIF COMPLAINTS ENERGY MAJOR REJECTIONS 0 COMPANY NEWS

13 LMM V I S I O N ISSUE 17 | Q2 2024 This report presents the evaluation of Health Campaign on “Awareness Campaign for Tobacco Use”, running from 24th May 2024 up to 14th June 2024, as per Health Letter 2024-02, the aim is to highlight and increase awareness of all crew members on board about harmful effects of tobacco use. Analysis The subject campaign includes a questionnaire (with a total of eleven (11) multiple choice questions), that was required to be answered by all crew on board. All questionnaires have been collected by HSQE Dept and following metrics generated, taking into consideration the participation percentage of crew members. Metrics ●● The Highest Average Score is 10.79/11, with participation 24/25. ●● The Lowest Average Score is 5.11, with participation 9/24. ●● The total number of participants is 550 out of 664 (82.83%). Comment: The vessels with the highest Average Score are Captain Paris with 10.79/11 and 24/25 participation, Hellas Paliros with 10.77/11 and 26/26 participation and King Philippos 10.68 and 25/25 participation. AWARENESS CAMPAIGN FOR TOBACCO USE Comment: Fleet A achieved the highest score, with 9.96/11 points. CAMPAIGN

14 LMM V I S I O N ISSUE 17 | Q2 2024 Comment: This graphic refers to the percentage of correct answers per Question. Better score ●● Question no. 1: Are e-cigarettes and other vaping products harmful to your health? ●● Question no. 2: Smokers are more likely to develop severe diseases such as COVID-19, compared to non-smokers. ●● Question no. 6: When is beneficial for your health to quit smoking? ●● Question no. 11: Select the tips that help you to stay positive. Comment: Senior Officer achieved the Highest Average Score with 9.57 points. Comment: Chief Engineers achieved the highest average score with 9.86 points among Top 4. Conclusion Based on above, the following actions are established: ●● Subject topic shall be included in the agenda of the next in-house training session, with the aim to bring to the attention of all involved personnel the subject, increase awareness regarding harmful effects of tobacco use. ●● Circulation of the subject Health Letter along with Questionnaire with correct answers, across the fleet vessels, with the instruction to include it in the discussion of the next scheduled Safety Committee Meeting on board, aim to raise awareness regarding tobacco use and its effects. Also, referring to some ways in order to quit smoking. CAMPAIGN Lowest score ●● Question no. 3: The tobacco industry brings financial gain by providing millions of jobs and taxes that governments and people depend on. ●● Question no. 7: Which from the following list are the best ways to quit smoking?

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16 LMM V I S I O N ISSUE 17 | Q2 2024 SEAFARERS’ INTERVIEW INTERVIEW WITH SEAFARERS IMPROVING THE LEARNER MINDSET IN OUR COMPANY How do you encourage people to admit mistakes and share concerns they face? AP: By avoiding/rejecting any “blame game” towards the one who admits mistakes and accepting/issue any concerns someone faces regardless our view as for the “importance” of the concern. JT: The ability to admit mistakes and openly share concerns is vital for fostering a culture of trust, collaboration, and continuous improvement. However, people hesitate to acknowledge their errors or express concerns openly due to fear of judgement, embarrassment, or potential repercussions. Encouraging this transparency requires deliberate action to create a psychologically safe environment, where vulnerability is met with support rather criticism. To my point of view, the most effective way to encourage others to admit mistakes is by setting an example. When leaders openly acknowledge their own mistakes and share what they have learned from them, it signals that making mistakes is a natural and acceptable part of the learning process. By demonstrating vulnerability, leaders show that perfection is not expected, which can encourage people to do the same. It is essential to adopt a solution -oriented mindset when mistakes occur, the discussion should revolve around identifying the root cause, learning from it, and developing strategies to avoid similar mistakes in the future. GP: My answer is based in many factors that can make one person to admit his mistake and share, such as leading by example where I demonstrate vulnerability by sharing my own mistakes and concerns. This sets a tone of openness and shows that it is acceptable to be imperfect. Psychological safety is above all in my vessel where I am the Master; I create an atmosphere where individually all my crew feel safe to express their thoughts without fear of judgment and criticism. And I reinforce the idea that mistakes are a natural part of growth and learning. In this issue, we have the pleasure to host the Master and C/E of Yannis Latsis, Capt. Anastasios Papargyropoulos (AP) and Jesus Torralba (JT), along with Capt. Georgios Psaltis (GP) of Hellas Apollo. All of the interviewers are well experienced and we are glad to share with us their knowledge and opinion on improving the Learner Mindset.

17 LMM V I S I O N ISSUE 17 | Q2 2024 SEAFARERS’ INTERVIEW What did you learn from your last mistake? AP: To listen more and not to be in a haste of rejecting. Understanding clearly of any condition we need to address is the first step to resolve an issue. JT: Mistakes are inevitable, but they offer valuable lessons that shape growth both personally and professionally. Reflecting on my last mistake, I learned key insight about communication, delegation, which have fundamentally altered my approach to leadership. Clear communication isn’t just about giving instruction but insuring mutual understanding amongst other. Now making a point to regularly check, encourage question and clarify objectives to prevent confusion. Mistakes have become my greatest teacher, shaping me into more resilient and empathetic leader. GP: As a seafarer, every mistake can be a valuable learning opportunity. Moreover, handling the aftermath of a mistake can teach resilience and it’s essential for me to analyze the error constructively, learn from it and implement changes to prevent recurrence. What is your suggestion for improving the Learner Mindset in our Company? AP: Setting realistic personnel training goals. Obtaining knowledge and skill is like a marathon; it takes time effort, seminars and training courses, tailored based on industry needs. JT: Promote the belief that skills and talents can be developed with effort and dedication. Encourage to take on new challenges and learn from experiences, emphasizing progress over perfection. Offer regular training sessions and access to online courses to help to acquire new skills. Create learning pathways tailored to individual career goals and encourage cross-functional learning. GP: To create a supportive learning environment where you encourage open dialogue about mistakes and lessons learned. By recognizing that errors are part of the learning process, you will help seamen feel safe when discussing challenges they encounter. And for last, you can reward learning achievements by creating a recognition system for individuals or vessels that demonstrate commitment to learning.

18 LMM V I S I O N ISSUE 17 | Q2 2024 Even if LNG as energy source started to be become famous on the beginning of this century, the first successful LNG cargo transfer by vessel was made in late 1950s. This was loaded on a converted World War II cargo ship and proved that LNG could safely be transferred at sea. The first commercial LNG shipment followed in 1964 from the first LNG carrier ‘Methane Princess’ on a voyage from Algeria to United Kingdom. From this voyage, which established the viability of LNG as a global energy resource until the end of last century, the routes expanded connecting the producers in Africa, Middle East & Southeast Asia with receivers in Far East and Europe. In the modern era of LNG industry from the early 2000s and afterwards, the LNG carriers have become more sophisticated with environmentally friendly dual fuel engines along with cargo tanks containment systems. These technological innovations reduced the Boil Off Rate (BOR) and made gas management more efficient, but most importantly, with lower consumptions. However, the real evolution which exploded commercially the LNG industry was the possibility of Ship To Ship (STS) LNG cargo transfer. This necessity was created in countries with high energy demand but without supportive shore receiving infrastructure, including the required space for LNG shore tanks. In order to supersede such obstacles, the creation of Floating Storage and Regasification Unit (FSRU) vessel was the optimum solution but we should first ensure that all relevant cargo transfer restrictions, which followed in terminal, were to be followed on a STS LNG cargo operation. Even with the knowledge (navigation & mooring) of STS operation on tanker vessels being there, the biggest challenge for the LNG carriers STS was the cold cargo (-161°C) and the safety precautions and contingency plan in case of cargo leakage during the transfer. Despite of course, the cryogenic equipment which should be tested properly under class approval and then be used. In case of LNG leakage, there is always the case of hull damage or even fracture. Additionally, when flexible hoses were used, the possible leakage location could be varying. The history records 2007, when the first LNG carrier converted to FSRU in order to serve the port of Pecem, Brazil, then more and more FSRU vessels were built in shipyards and installed on several countries (Argentina, Pakistan, Jordan, Kuwait). LNG cargo starts to be safely discharged from conversional ships to FSRU vessels. After that, it was much easier for the industry to move on LNG STS cargo transfer between conventional vessels at sea. At the same period, the LNG industry starts also to invest to Floating Production Storage and Offloading (FPSO) with the story of “Prelude” FLNG to be the most known, but before that, the first floating LNG vessel which was actually designed, built and delivered in S. Korea for Oil Major Petronas was the FLNG “Satu”, which started her service in Malaysia. Considering the geopolitical challenges around the world, the LNG supply becomes more demanding, offers huge opportunity to LNG producer countries to grow, but at the same time, to owners to expand their fleet or enter to LNG industry. Capt. Anthimos Alexios Pippos Port Captain Evolution of LNG cargo operations ARTICLE

TOGETHER TOWARD TOMORROW Learn more today at www.eagle.org/Greece Leading safety and innovation in the Hellenic Maritime Community. Working closely with our clients, ABS develops solutions and services that directly respond to the complex technical, operational and regulatory challenges the maritime industry faces today.

20 LMM V I S I O N ISSUE 17 | Q2 2024 safety4sea.com Human & Organizational Performance (HOP) is a philosophy or mindset often used in occupational safety and health. It’s sometimes also called the “new view” and is associated with and similar to other schools of “new safety,” including safety differently, safety II, and resilience engineering. The book “The 5 Principles of Human Performance”, written by Todd Conklin, serves as a useful tool for leaders to question and reassess their current practices around HOP, as well as an excellent guide for new leaders who are at the beginning of their journey, and anyone interested in human factors. HOP has roots in the nuclear power industry and specifically with the Institute for Nuclear Power Operations HOP is often associated with safety expert Dr. Todd Conklin, who played a large role in its development HOP starts with the recognition that humans are prone to make errors HOP has also roots in organizational performance improvement philosophy known as HPI HPI is associated with the International Society for Performance Improvement (ISPI) and HPI practitioners like Geary Rummler. ● ● ● ● ● DID YOU KNOW? Improving Human & Organizational Performance: 5 PRINCIPLES

21 LMM V I S I O N ISSUE 17 | Q2 2024 Key Principles of HOP HUMAN ERROR IS NORMAL Error is so normal, it’s not even interesting and it’s never causal BLAME FIXES NOTHING Blaming people stops us from learning about and fixing the problem(s) LEARNING IS VITAL Learning is a very important component of creating system reliability CONTEXT DRIVES BEHAVIOR Individual behavior is a function of the organization’s systems, processes, culture, and complexity HOW MANAGEMENT RESPONDS TO FAILURE MATTERS Responding positively increases awareness and provides an opportunity for learning 1. 2. 3. 4. 5. [By Dr. Todd Conklin]

22 LMM V I S I O N ISSUE 17 | Q2 2024 LMM VI S ION QUARTERLY EDITION ISSUE 17 – Q2 2024 ISSN: 2653-9519 A JOINT PUBLICATION OF LATSCO MARINE MANAGEMENT INC. & SAFETY4SEA © LATSCO MARINE MANAGEMENT INC. (LMM) © SAFETY4SEA LMM 4, Xenias Str, 14562, Kifisia www.latsco.com SAFETY4SEA 2, Afentouli Str, 18536, Piraeus info@safety4sea.com www.safety4sea.com DISCLAIMER / TERMS OF USE The content of this magazine is provided by LATSCO MARINE MANAGEMENT INC. (LMM) & SAFETY4SEA for information sharing and educational purposes only. While both LMM & SAFETY4SEA have taken due care and diligence to ensure that all the information and material provided herein is, to the best of their knowledge and understanding, true accurate and complete. Furthermore LMM & SAFETY4SEA make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the Information. Any reliance placed on such Information is therefore strictly at the readers own risk and no responsibility is accepted for any loss or damage howsoever arising. The reproduction or distribution of any part of this publication in part or as a whole is NOT permitted without the prior written consent of LMM & SAFETY4SEA as all intellectual property rights are fully reserved by LMM & SAFETY4SEA for their own content respectively. Furthermore LMM has no liability whatsoever with regards to the material provided by SAFETY4SEA, while SAFETY4SEA has no liability whatsoever with regards to the material provided by LMM within this publication. This disclaimer shall be governed by and construed in accordance with English law. INCIDENT REPORT ●● Inadequate fitting/mounting ●● Inadequate supervision Team Engagement & Discussion Topics ●● Who is responsible for connection of cargo reducers? ●● Describe a cargo reducer in good condition and a cargo reducer in poor condition ●● How do you ensure that a gasket will be placed properly when connecting cargo reducers? ●● How do you prepare and plan the connection of cargo reducers? ●● Describe the hazards when cargo reducers are in poor condition or not properly placed. Incident Description While vessel was at Shell Haven Terminal for discharging, its portside manifolds No.2 & No.3 had related to shore loading arms with cargo reducers (20”x12”) being properly placed with new gaskets. With discharging operation in progress, the manifold watch observed oil sheen on the cargo manifold No.3 flange between cargo reducer and main line. Root Causes I.Substandard Action: ●● Incorrect use of equipment (improper fitting / tightening of gasket) II.Substandard Condition: ●● Ineffective sealing between manifold and reducer III.Personal Factors: ●● Inadequate discipline to procedures ●● Inadequate diligence IV.Job Factors: ●● Inadequate planning ●● Inadequate communication/ coordination Lessons learned Be extremely cautious when you fit the gasket for connection of cargo reducers. Even if the gasket is new, if you don’t fit it properly, a leakage will occur. Manifold reducer leakage during discharging operation

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