Although our fleet is young, vessel recycling is an important matter on which Euronav is actively working. The green passport and or other notations (i.e. ENVIRO) are significant items of the recycling policy and are documents that follow the entire life of a vessel, beginning with its construction. These documents need to be updated on a regular basis by all different parties involved during the life cycle of a vessel. It contains information such as ship particulars, details on the construction yard but, most importantly, information about every product used during the construction and operation of the vessel. Because of the importance of the green passport within the recycling policy, all Euronav’s newbuildings and the majority of the vessels in the fleet are carrying a green passport and/or other notations (i.e. ENVIRO).