EU Ship Recycling Regulations To Impact Residual Values

According to a Seatrade Maritime News report, Dr Anil Sharma, founder, and CEO of GMS, the world’s largest cash buyer of end-of-life ships, warned that Shipping’s capital providers should take a close look at the residual values of financed assets, during a webinar on ship recycling regulations last week.

Negative Impact of the EU Ship Recycling Regulation?

Residual values, he said, were being subject to a “very strong negative impact” as a result of the EU Ship Recycling Regulation, introduced...

https://mfame.guru/eu-ship-recycling-regulations-to-impact-residual-values/

New Ship Recycling Regulatory Requirements Ahead of IMO Ramification

According to an article published in Lloyd’s Register, by 31 December 2020, all ships entering a European Union port or anchorage will require a valid and certified Inventory of Hazardous Materials (IHM) on board, as per the requirements of the 2013 EU Ship Recycling Regulation (EU SRR).

Also, a requirement under the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships 2009, which is yet to enter into force, is a necessity for the IHM requirements to be...

http://mfame.guru/new-ship-recycling-regulatory-requirements-ahead-of-imo-ramification/

EU Ship Recycling Regulation Requires Shipowners To Act Now: DNV GL

According to the EU regulation on Ship Recycling (EU SRR), ships and platforms visiting EU/EEA ports and anchorages must carry an Inventory of Hazardous Materials (IHM) from 2020. DNV GL explains what shipowners need to be aware of in an article published on their website where Gerhard Aulbert, the Global Head of Ship Recycling at DNV GL answers all your queries.

What ships are affected by the EU ship recycling regulation, and what are the crucial deadlines owners must keep?

EU Regulation No....

http://mfame.guru/eu-ship-recycling-regulation-requires-shipowners-to-act-now-dnv-gl/