MODERN SLAVERY ACT STATEMENT

Introduction

This statement is made pursuant to Section 54 of the Modern Slavery Act 2015 and sets out the steps that Solent Shipbrokers Ltd (Company number 16767446) has taken, and continues to take, to ensure that modern slavery and human trafficking are not taking place within our business or supply chain.

Our Business

Solent Shipbrokers Ltd is an independent shipbroking company based in the United Kingdom, specialising in dry cargo chartering with a focus on European short sea trades, bulk cargoes, and project cargoes. We act as intermediaries between shipowners and charterers, facilitating the commercial negotiation and fixture of vessels.

Our Supply Chains

As a professional services business, our supply chains are relatively limited and primarily consist of:

• Technology and software providers
• Professional services (legal, accounting, insurance)
• Office facilities and telecommunications
• Industry memberships and data services

Our Policies

Solent Shipbrokers Ltd is committed to acting ethically and with integrity in all our business relationships. We have a zero-tolerance approach to modern slavery and human trafficking. To support this commitment we:

• Conduct our business in accordance with the highest ethical standards and in compliance with all applicable laws and regulations
• Expect the same standards from our business partners and those in our supply chain
• Encourage the reporting of concerns and are committed to ensuring that no one suffers any detrimental treatment as a result of reporting suspected modern slavery activities

Due Diligence

As part of our efforts to identify and mitigate the risk of modern slavery and human trafficking, we:

• Assess the nature and extent of our exposure to the risk of modern slavery occurring in our supply chain
• Engage only with reputable and established suppliers and business partners
• Operate within the framework of internationally recognised maritime industry standards, including those set by BIMCO and the Institute of Chartered Shipbrokers

Risk Assessment

Given the nature of our business as a professional shipbroking intermediary, we consider the risk of modern slavery within our direct operations to be low. However, we recognise that the wider maritime industry can present risks, and we remain vigilant in our dealings to ensure we do not inadvertently support or facilitate modern slavery practices.

Training and Awareness

Our team is made aware of the importance of ethical business practices and the risks associated with modern slavery. As a Fellow of the Institute of Chartered Shipbrokers (FICS), our Director upholds the highest professional and ethical standards in all business conduct.

Review

This statement is reviewed annually and updated as necessary to reflect our ongoing commitment to combating modern slavery and human trafficking.

This statement was approved by the Director of Solent Shipbrokers Ltd.