Good Corporate Governance

In line with the business expansion conducted, the Company also enhanced the implementation quality of good corporate governance (GCG) in the Company’s internal and alignment of governance all Subsidiaries. The Company improved the synergy of governance at the level of Board of Commissioners and Board of Directors, as well as at the consolidation level with the Subsidiaries. This effort was conducted to improve the system of internal control and risk management, so that every step taken was in accordance with the applicable laws and regulations.

As a form of GCG implementation at the Board of Commissioners level, during 2017, the Board of Commissioners meeting and joint meetings with the Board of Directors has been conducts to discuss important matters and issues for the Company. The joint meetings became the mechanism for the Board of Commissioners to gave directions and recommendations to the Board of Directors.

Health, Safety and Environment

The Company implements occupational health and safety management system by providing decent facilities and infrastructure for employees. The commitment is also realized through the implementation of standard provisions of International Maritime Organization (IMO) such as Safety of Life at Sea (SOLAS) Code, International Safety Management (ISM) Code, as well as International Ship and Port Facility Safety (ISPS) Code. As one of the commitment forms in the implementation of quality management standards, the Company has supported the achievement of zero accident rate during 2016 and 2017.