Business Practices

Compliance with Laws and Regulations:

Marine Engineering Technology Ltd. is fully committed to compliance with the laws, rules and regulations of the countries in which it operates.

In addition we adhere to regulations and guidance relevant to both sector and industry in the design, operation or any such activity that recommended methods of best practice apply, this includes familiarity with various regulatory organisations, stipulations and/or literature, including but not limited to:

• International Regulations for Preventing Collisions at Sea (COLREGS)

• Lifting Operations and Lifting Equipment Regulations (LOLER)

• Det Norske Veritas (DNV)

• International Convention for the Safety of Life at Sea (SOLAS)

• Maritime & Coastguard Agency (MCA)

MET Ltd. utilise the framework set out by the Institution of Mechanical Engineers (IMECHE) in order to carry out its work and duties and ensure sustainable operations. Our strict behavioural guidelines enable us to act as ambassadors for the engineering profession and the institution of whom we are members.

To ensure proper exercising of judgement at all the times, we follow core values:

1. Practice competently and maintain up-to-date knowledge and skills

   we act with care & competence and will:

   • Take reasonable steps to maintain professional knowledge and maintain a record of continuing professional development

   • Only undertake professional services in areas of current competence

   • Disclose any relevant limitations of our competence to undertake professional work

   • Quantify and limit risk in all aspects of professional work , including those who are working under our authority

   • Ensure that we maintain adequate professional indemnity insurance

2. Act with integrity and respect for others

   We will act with integrity and in a reliable & trustworthy manner and will:

   • Not knowingly mislead nor allow others to be mislead

   • Respect confidentiality obligations express or implied

   • Prevent and review engineering evidence, theory and interpretation honestly, accurately and without bias

   • Avoid deceptive acts and refrain from corrupt practices, including the rejection of bribery and record gifts or hospitality recieved

   • Declare conflicts of interest

3. Promote sustainability

   We will engage responsibly with the environment and:

   • Recognise the importance of socioeconomic and environmental factors

   • Comply with obligations for health and safety and environmental protection

   • Take account of the needs of a diverse environment, while never knowingly or deliberately exploiting natural resources

   • Balance the needs of the present with the needs of future generations

4. Exercise engineering leadership

   We will contribute positively to the public perception of the profession and:

   • Contribute to public discussion on engineering matters within our area of competence and in an objective, clear and truthful manner

   • Take positive action when we encounter unmanaged risk or malpractice

   • Advocate and support the extension of ethical practices and respect the rights and reputations of others

   • Support and encourage diversity within the industry