Today we start the recycling of our faithful Star Gran at LEYAL Ship Recycling Group in Turkey. She is the first under the new EU recycling regulations.
Shashank Agrawal, vice-president legal of Wirana Shipping Corp, Singapore, looks at the problems facing cash buyers and ship recyclers and suggest ways of overcoming them with strong leadership and support from the new Indian government.
Turkey, one of the five major ship recycling countries in the world, has ratified the IMO Hong Kong Convention, the treaty for safe and environmentally sound ship recycling.
CEO of BW LPG, Martin Ackermann confirms that their LPG carrier the 1992-built BW Helios arrived at a certified, Hong Kong Convention applicable, recycling facility in India on 21st January 2019.
All vessels sailing under an EU flag will eventually be required to use an approved ship recycling facility, once the EU Ship Recycling Regulation effectively applies. This will be on 31 December 2018.
Hapag-Lloyd boasts one of the youngest fleets in the industry after merger with UASC / Vessels to be dismantled in line with environmental regulations in certified shipyards.
IMO-implemented project to enhance safe and environmentally sound ship recycling in Bangladesh is set to begin in January, following a US$1.1 million funding agreement with Norway.
Three of UASC’s A4-class units taken from the market / Environmentally friendly dismantling at certified shipyards in Turkey and China / Hapag-Lloyd an industry pioneer as a result
The Government of Bangladesh is actively seeking international partnerships and financial support to help make the country’s ship-recycling facilities greener and more sustainable.