Lloyd’s Register to create strategic global operating model for ArcelorMittal’s dry bulk terminals

The collaboration will create a strategic, auditable and scalable operating model to strengthen safety, reliability, governance, ESG performance, resilience and long-term value across ArcelorMittal’s global dry bulk terminal network.

Lloyd’s Register (LR) is collaborating with ArcelorMittal to create a Global Operating Model that sets a consistent group-wide standard for dry bulk terminal operations across its international port portfolio.

The initiative will establish a common operating baseline for ArcelorMittal Global Ports’ network across different continents, regulatory environments and operating cultures. It aims to reduce variability, strengthen safety and reliability, improve portfolio-level visibility, reinforce ESG, biodiversity and sustainability practices, and support disciplined digital implementation.

LR will design a practical framework for terminals with varying asset ages, operating maturity and local practices. The Global Operating Model will combine a controlled Operations Manual, structured SOP library, checklist-based controls, and self-audit and assurance tools focused on shift execution, evidence capture, measurable compliance and continuous improvement.

The documentation will also embed environmental stewardship, biodiversity, emissions and resource-efficiency awareness, responsible waste and runoff management, community and stakeholder interfaces, and clear evidence requirements for governance, assurance and future reporting.

The model is intended to move ArcelorMittal’s portfolio beyond site-by-site standardisation towards a group-level performance, governance and control system. It will enable common KPI definitions, consistent reporting, cross-terminal benchmarking, clear escalation logic and structured improvement planning.

Daniel Campos, Global Lead of Ports Advisory, Lloyd’s Register, said: “Our focus is on creating an operating system that is practical, verifiable and scalable. The model is designed to give ArcelorMittal a repeatable way of running high-standard terminal operations across its global network, while enabling a clear pathway towards digital portfolio control, performance visibility and assurance.”

George Georgandis, Senior Business Development Manager, Lloyd’s Register, added: “Early engagement with ArcelorMittal at a critical point in its Global Ports infrastructure evolution has allowed LR Ports Advisory to jointly shape a strategic operating model that supports safer execution, greater efficiency, ESG-aligned governance and long-term performance across port assets.”

Deepak Sachdeva, Head of Global Ports at ArcelorMittal, said: “Our terminals operate across very different geographies, regulatory environments and maturity levels, which makes consistency, comparability and disciplined execution essential.

“Establishing a Global Operating Model will help us raise safety and reliability standards across our portfolio, strengthen governance, auditability and insurance defensibility, and ensure that ESG and sustainability requirements are embedded into our operating documents, frontline controls, assurance templates and evidence-based management processes from the outset.

“This will give us a practical platform to manage performance, risk and long-term value creation with greater transparency and discipline across the global ports portfolio.”

The collaboration will create a replicable blueprint for organisations that own, operate, or manage multi-site port and logistics assets worldwide, helping embed consistent execution, ESG and sustainability controls, and reliable operational data to support safety, performance, assurance and strategic decision-making.

About Lloyd’s Register

Trusted maritime and energy sector advisors, partnering with clients to drive performance across the ocean economy.

Lloyd’s Register (LR) is a global professional services group specialising in marine and offshore engineering, technology and digital solutions. We were created more than 260 years ago as the world’s first marine classification society to improve and set standards for the safety of ships.

Today we are a leading provider of classification and compliance services to the marine and offshore industries, helping our clients design, construct and operate their assets to accepted levels of safety and environmental compliance.

We also provide advisory services and digital solutions, supporting fleet and voyage performance and optimisation.  Through OneOcean, LR delivers integrated digital solutions supporting voyage planning, optimisation, compliance, training and fleet performance across more than 30,000 vessels globally.

In the race to zero emissions, our research, advisory and technical expertise and industry-firsts are supporting a safe, sustainable maritime energy transition.

Lloyd’s Register Group is wholly owned by the Lloyd’s Register Foundation, a politically and financially independent global charity that promotes safety and education.

For more information, go to www.lr.org

About Lloyd’s Register Advisory

Lloyd’s Register Advisory is a global professional services division within Lloyd’s Register, dedicated to helping clients navigate the complexities of the maritime and energy sectors. With a team of over 250 experts spanning technical and commercial disciplines, LR Advisory delivers strategic guidance across decarbonisation, digitalisation, regulatory adoption, and operational performance.

Our services support a diverse client base, including shipowners, ship yards, OEMs, charterers, financiers, alternative fuel suppliers, port authorities, and governments, offering tailored solutions that drive safety, sustainability, and competitive advantage. From asset performance and risk management to project delivery and ESG strategy, LR Advisory combines deep engineering and commercial expertise with advanced digital tools to unlock value and future-proof operations.

https://www.lr.org/en/services/advisory/

About ArcelorMittal Global Ports

ArcelorMittal Global Ports is the corporate function of ArcelorMittal responsible for defining the strategic direction, governance, and technical leadership of ArcelorMittal’s global port infrastructure portfolio. The function ensures the Group’s captive port assets are developed, operated, and maintained as safe, reliable, world-class, and future-ready infrastructure that underpins resilient and efficient supply chain performance.

Working across both operational and development portfolios, ArcelorMittal Global Ports drives operational excellence through the standardisation of best practices, enhancement of asset reliability and resilience, optimisation of capital investment and operating expenditure, and maximisation of existing asset utilisation. The function provides strategic oversight and technical expertise for both greenfield and brownfield port projects, ensuring investments are aligned with the Group’s long-term business objectives and deliver sustainable value.

As a strategic corporate function, ArcelorMittal Global Ports also leads the integration of Environmental, Social and Governance (ESG) principles, biodiversity, digital technologies, and innovative engineering solutions across the port portfolio. By combining technical excellence, disciplined project execution, and robust asset management, the function strengthens operational performance, enhances infrastructure resilience, and enables the safe, efficient, and sustainable movement of materials in support of ArcelorMittal’s global operations and future growth.