As the industry focuses its attention on the IMO Marine Environment Protection Committee (MEPC) meeting and regulations for emissions, another global regulation designed to both protect the environment and the safety of workers – the Hong Kong Convention on ship recycling – is yet to come into force a decade after its adoption.

With the Inventory of Hazardous Materials (IHM) for ship recycling to become compulsory for vessels calling at European ports IMarEST has warned of a “quagmire of upheaval” for the shipping industry.

Teekay, one of the world’s largest marine energy transportation, storage and production companies, has signed up to the Ship Recycling Transparency Initiative (SRTI).

The Hong Kong Shipowners Association (HKSOA) highlighted the fact that Hong Kong and China should ratify the Hong Kong Convention on ship recycling as soon as possible.

Japan’s ClassNK has issued a statement of compliance to a ship recycling facility in Izmir, Turkey for the first time, verifying that the facilities are in line with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (HKC).

Cosco Shipping Holdings Co has announced that it will send eight container vessels totaling 409,914 dwt to the scrapyard for a price of RMB212m ($30.9m).

The European Community Shipowners Association (ECSA) says that the first list of approved ship recycled by the EU shows the need for yards outside the region as it fails to meet demand.

Athens-based Euroseas has sold a 72,119-dwt dry bulk carrier for scrap, and took delivery of a secondhand 1,645-teu feeder boxship.

An explosion at a Pakistani shipbreaking yard that claimed the lives of more than two dozen workers is believed to have been caused by sizable amounts of smuggled oil that caught fire, local reports said.

Box Ships Inc has sent a 10-year-old panamax boxship to the scrapyard, way ahead of the typical 25-year operational lifespan of a ship.

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