The International Ship Recycling Association (ISRA) argued that the EU recycling capacity will possibly cope with the expected demand of end of life EU flagged ships, as the current listed EU capacity to recycle ships amounts only about 1,3 million LDT.
In the past months, attention has been drawn to the date of 31-12-2018, of the entry into force of the EU Ship Recycling Regulation, stipulating that the recycling capacity to recycle EU flagged ships should be 2,5 million LDT.
In various articles...
https://safety4sea.com/isra-eu-capacity-copes-with-demand-ahead-eu-ship-recycling-regulation/