The initial statements of compliance for the international standards were earned during a recent audit, and made the Bahrain-based shipyard the first in the Arabian Gulf to hold the triple accreditation. ASRY has been working with Elegant Exit Company (EEC) to work towards offering green steel recycling and to develop ASRY into a region hub for ship recycling at the highest standards by increasing capacity, efficiency and improving turnaround.
The production of vessel-grade recycled scrap steel brings cost savings through lower energy use, less wastewater generation, reduced emissions and reduced slag compared to traditional steel manufacturing. The steel industry faces its own pressure for environmental improvement, and rising demand for Leadership in Energy and Environmental Design (LEED) certified steels for building projects.
ASRY aims to position its offering such that it meets the needs of shipowners, the yard itself, and steel mills.
“As a responsible member of the maritime industry, we must not tolerate harmful and dangerous practices of ship recycling, which are common practice across the globe. We have now achieved compliance with the strictest international standards with a view to being able to offer a sustainable, responsible and affordable alternative for vessel owners with end-of-life maritime assets. There is also natural synergy with nearby steel production facilities, who can benefit from this new initiative,” said ASRY Managing Director, Mazen Matar.
EEC’s Head of Middle East Operations Capt Soumitro Roy, added, “By combining EEC’s all round expertise in the shipping industry, ASRY’s geographic location and technical proficiency, and the proximity to major steel producers, we have an unique opportunity to give global ship owners a tangible solution for ethical vessel disposal.”
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