Ship recycling: Time for Change

Over 15,000 ships could be recycled over the next decade, providing great potential for the circular economy. But it must be done the right way. The Hong Kong Convention allows for the safe and environmentally sound recycling of ships and we need ship owners to choose globally compliant yards. The Hong Kong Convention enters into force in June 2025.

 

EU Ship Recycling 180 Seminar

17-18 February 2025, Online

Selling ships for recycling involves complex commercial and legal challenges, from ensuring worker safety and environmental protection to navigating international regulations. Join this BIMCO seminar with industry experts to gain valuable insights into the processes, requirements, and best practices for ship recycling.

What you will learn:

  • Understand the regulatory framework governing ship recycling and its implications for shipowners.
  • Recognise the economic and environmental benefits of ship recycling and how to evaluate the cost-effectiveness of recycling options.
  • Appreciate the importance of proper documentation and record-keeping in the ship recycling process.

SEE THE FULL PROGRAMME OF THE SEMINAR HERE

 

Recorded webinar

Welcoming the Hong Kong Convention: what happens now?

On 26 June 2023, following the ratification of the Convention by Bangladesh and Liberia and the depositing of their instruments to the IMO, it is set to enter into force within 24 months from now.

14 years after its adoption, BIMCO welcomes the entry into force of the convention as it aims to ensure that ships, when being recycled after reaching the end of their operational lives, do not pose any unnecessary risk to human health and safety or to the environment.

Acknowledging this is only the beginning and shipowners must start using compliant facilities globally, BIMCO hosted a webinar outlining the current legal framework, the challenges ahead, the existing complexities and possibilities.

Speakers: 

  • Jun Sun, Technical Officer, IMO
  • Capt. Akshat Arora, Senior Risk Assessor, Thomas Miller P&I
  • William MacLachlan, Partner, HFW
  • Gudrun Janssens, Manager, Intergovernmental Engagement, BIMCO

 

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