The Ship Recycling Transparency Initiative (SRTI) launches its second annual report, at Tradewinds Ship Recycling Forum in London. The 2020 report presents a compilation of data on the ship recycling approaches of nine major shipowners that combined operate a total of 2,433 vessels (covering ~4-5% of global merchant fleet over 1,000 gross tonnes).
Following the recent increase in shipowner disclosures the SRTI now covers 36 per cent of the global container fleet’s tonnage, representing a total...