BIMCO has launched a Ship Recycling Alliance to help accelerate safe and environmentally sound recycling of ships. The alliance will co-ordinate the voices of the ship recycling industry and the shipping industry and help facilitate the global implementation of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC).
The HKC will enter into force in June 2025. This comes at a time when more than 15,000 ships are estimated to be recycled over the next 10 years and the need for compliant yards from main recycling states such as India, Bangladesh and Pakistan is critical.
Today, only a minority of shipowners choose voluntary HKC compliant recycling.
“Part of the ship recycling industry is already trying to live up to the HKC standards ahead of its entry into force. To succeed in having our ships recycled responsibly and safely for people and the environment, we need all stakeholders to engage and step up pace. The Ship Recycling Alliance will connect stakeholders, advise regulators and create awareness among the public,” says BIMCO’s Secretary General & CEO, David Loosley.
An important task will therefore be to liaise with the IMO, the Secretariat of the Basel Convention (BC) and the states that are…