The International Maritime Organization (IMO), Bangladesh, and Liberia have announced the ratification of the Hong Kong Convention by both nations.
BIMCO believes the ratification marks the beginning of a new era for the ship recycling industry. During the two-year interim period, ahead of the entry in force, BIMCO is calling on shipowners to choose globally compliant yards for the benefit of the industry’s workers and the environment.
The ratification comes at a vital moment for the primary...