NYK Certifies Ship-Recycling Facility In Bangladesh For Meeting Environmental, Safety, And Human Rights Standards

NYK has certified PHP Ship Recycling Facility in Bangladesh for meeting NYK’s standards for ship-recycling measures pertaining to the environment, safety, occupational health, and respect for human rights. PHP Ship Recycling Facility, which is a ship-recycling facility operated by PHP Ship Breaking and Recycling Industries Ltd., has become the first yard in Bangladesh to be certified by NYK. In early March, an NYK Group vessel entered PHP Ship Recycling Facility to be dismantled.

Ships contain a large amount of high-quality iron, and appropriate disposal of valuable recyclable resources is important for the realization of a circular economy. Additionally, the minimization of environmental pollution and industrial accidents when ships are dismantled has been an issue receiving attention.

The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, or simply the Hong Kong Convention, was adopted by the International Maritime Organization (IMO) in 2009. Classification societies, such as Japan’s ClassNK, act as substitute authorities of ships’ flag states by issuing statements of compliance to yards that meet the standards determined in the convention.

The NYK Group sends supervisors to yards that have been certified by classification societies to confirm that the yards also meet NYK’s stricter standards. NYK conducts ship recycling at these certified yards, which currently total 30 in India, three in China, and one in Turkey. During the vessel dismantling at PHP Ship Recycling Facility, a supervisor sent from our group’s ship-management company monitors the process.

PHP Family
PHP Ship Recycling Facility in Bangladesh for meeting NYK’s standards. Image Credits: NYK Line

NYK was the first Japanese shipping company to participate in the Ship Recycling Transparency Initiative (SRTI), an information-disclosure platform concerning the ship recycling process. NYK also became the first Japanese company to become a signatory of the UN Global Compact Sustainable Ocean Principles. In the future, the NYK Group will deepen dialogues with stakeholders through participation in initiatives concerning the environment, safety, and human rights. The NYK Group will also promote ship recycling at yards that meet the standards of the Hong Kong Convention and NYK and aim to realize a sustainable society and environment.

In 2021, NYK released the NYK Group ESG Story, which aims to further integrate ESG into the company’s management strategy and promote activities that contribute to the achievement of the SDGs through business activities. On March 24, 2022, NYK released the updated NYK Group ESG Story 2022, which introduces initiatives for integrating ESG into the Group’s management strategies set forth in the “NYK Group ESG Story” and provides a partial explanation of the Group’s sustainable growth strategy from a long-term perspective.

Press Release

Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Do you have info to share with us ? Suggest a correction

About Author

Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.

About Author

Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.

Article Footer Banner
Article Footer Banner

Subscribe To Our Newsletters

By subscribing, you agree to our Privacy Policy and may receive occasional deal communications; you can unsubscribe anytime.

Web Stories

Leave a Reply

Your email address will not be published. Required fields are marked *