At Tanker Pacific Management (Singapore) Pte Ltd. ("Tanker Pacific"), we believe fundamentally that our business can only thrive when we all act with the highest standard of integrity and ethics. This is why the first word you see in our Core Values is "Integrity". We believe in doing what is right in every decision wherever we are in the world and in acting with the highest ethical standards.
Tanker Pacific is committed to excellence and we adhere to our values while having a 'zero tolerance' to any non-compliance or potential non-compliance with our principles, applicable laws and our Code of Business Conduct. We take this matter very seriously.
Trade and Economic Compliance Policy
Tanker Pacific carries out its business in strict observance with all applicable national and international laws and regulations relating to sanctions. We will not and do not condone an actual breach of these rules or even the appearance of a breach of these rules. US sanctions legislation prohibits certain dealings with designated entities and nationals. In particular, we strictly observe Comprehensive Iran Sanctions, Accountability and Divestment Act ("CISADA"), Executive Orders and other US sanctions legislation and non-U.S. sanctions legislation, including the UN Security Council Resolutions and the EU Council Regulations. As a matter of policy, Tanker Pacific will not engage in transactions with persons on the list of Specially Designated Nationals ("SDNs") published by the Office of Foreign Assets Control ("OFAC") or any other entities at risk of violating applicable trade and economic sanctions laws.
For further details on our commitment to compliance with applicable trade and economic sanctions, please refer to our Trade and Economic Compliance Policy
Tanker Pacific Business Ethics Policy
Tanker Pacific is committed to the highest ethical standards in business. Our Business Ethics Policy clearly summarizes our full commitment to ethical business dealings. For example, Tanker Pacific prohibits the giving or receiving of improper payments or the promise to give improper payments that can influence a business decision, to or from any counterparties. We do not condone the receiving or giving of any excessive gifts or entertainment that could have the appearance of impropriety. In principle, we believe that ethical business is good business for Tanker Pacific.
For further details on our commitment to business ethics, please refer to our Tanker Pacific Business Ethics Policy