A Call for Sustainable Recycling Practices

A recent report by the NGO Shipbreaking Platform highlights the challenges faced by Turkey’s ship recycling sector and the potential for sustainable practices. The report emphasizes collaboration, advanced technologies, and improved environmental assessments to create a safer and more eco-friendly industry.

Call For Collaboration 

The report emphasizes the need for collaborative efforts to address the environmental challenges in the ship recycling sector. It recommends enhancing Environmental...

https://mfame.guru/a-call-for-sustainable-recycling-practices/

Marshall Islands Joins The Hong Kong Ship Recycling Convention

  • The Republic of the Marshall Islands has become a contracting party to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (Hong Kong Convention).
  • Mr. Nicholas Makar, Deputy Commissioner of Maritime Affairs for the Republic of the Marshall Islands, deposited the instrument of accession with Arsenio Dominguez, Secretary-General of the International Maritime Organization (IMO), at IMO Headquarters in London on 18 January.
  • The Hong Kong...

https://mfame.guru/marshall-islands-joins-the-hong-kong-ship-recycling-convention/

EU-Agreement On Waste Shipments Paves The Way For Responsible Recycling

  • The European Parliament and the Council have reached an agreement on updated and more efficient rules for waste shipments.
  • This new agreement will make it possible to responsibly recycle EU-flagged ships operating in­ter­na­tio­nal­ly.
  • It will be done at facilities outside the EU and OECD, provided that these facilities have EU-approval.

The new agreement between the European Parliament and the Council on waste shipments opens the door for responsible recycling of EU-flagged ships outside the...

https://mfame.guru/eu-agreement-on-waste-shipments-paves-the-way-for-responsible-recycling/

Stam Shipping Sells Recycling Bulk Carriers

Credit: Alba-I-Ernst-Gert-Schmidt-Marine-Traffic

Stam Shipping sells bulk carrier for recycling, writes Adis Ajdin for Splash 247.

Greece’s Stam Shipping

Greece’s Stam Shipping appears to have sold its last remaining bulk carrier for recycling.

Cash buyer Best Oasis reported that the 2001-built Alba I has gone to Bangladesh for an undisclosed price tag.

Stam bought the 74,800 dwt panamax as Fortune Trader for a reported price of $9.3m in October last year. The ship’s scrap value is around $7.15m,...

https://mfame.guru/stam-shipping-sells-recycling-bulk-carriers/

The 2009 Hong Kong IMO Convention on Eco-friendly Ship Recycling

Credits: timelab-pro-unsplash

The IMO 2009 Hong Kong Convention for the safe and environmentally sound recycling of ships, highlights an LR news source.

The 2009 IMO Hong Kong Convention

Applicability: shipowners, ship operators, ship managers, ship masters, designers, shipbuilders and manufacturers.

The 2009 IMO Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) will enter into force on 26 June 2025.

Its criteria for ratification have now been met following...

https://mfame.guru/the-2009-hong-kong-imo-convention-on-eco-friendly-ship-recycling/

IMO’s Pivotal Shipping Announcement Can Push Many Vessels To Scrappage!

Credit: Smaart company

Shipowners face an ultimatum in 2023, upgrade their Carbon Intensity Indicator (CII) technology to comply with new laws or scrap their vessels.

New Carbon Targets

The move comes as the International Marine Organization (IMO) in July announced new carbon targets, which include a 20% reduction in emissions by 2030, a 70% reduction by 2040 (compared to 2008 levels), and the ultimate goal of net-zero emissions by 2050.  Chris Birkert, AkzoNobel Marine’s Coatings Segment Manager,...

https://mfame.guru/imos-pivotal-shipping-announcement-can-push-many-vessels-to-scrappage/

Hong Kong Recycling Revolution 2025

Credit: Trace Hudson/Pexels

The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC), which was adopted in 2009, will come into effect on 26 June 2025. After being ratified by Bangladesh and Liberia, the HKC is set to make a substantial worldwide impact on ship recycling methods, more than a decade after its initial adoption.

Background to the Hong Kong Convention

The International Maritime Organization (IMO) recognized the urgent need for a globally...

https://mfame.guru/hong-kong-recycling-revolution-2025/

‘Ship Scrap Flood’:15,000 Ships To Be Scrapped By 2032

Credits: Cindy Shebley/ Pexels
  • Over the past 10 years, 7,780 ships with a deadweight capacity of 285m tonnes were recycled.
  • Historically about 50% of bulk, tanker, and container deadweight capacity has been recycled by the time the ships would have been 25 years old.
  • More than 3,500 ships a year need to be built or refitted, every year, until 2050, according to analysis by Shipping Strategy

The long-awaited flood of ship scrap candidates could top most projections, new analysis from BIMCO, the...

https://mfame.guru/ship-scrap-flood15000-ships-to-be-scrapped-by-2032/

Port’s Last Sailing Cargo Ship To Be Dismantled

Credit: Tom Fisk/Pexels

The last sailing cargo ship to use the port of Liverpool for trading is set to be dismantled. The De Wadden, a three-masted auxiliary schooner built in 1917, has been dry docked in the city since 1987.

Restoring Attempt Failed

An attempt to rehome the vessel was unsuccessful. Director of National Museums Liverpool, Laura Pye, said decisions like this could not be “taken quickly” and it had been important to have a “particularly rigorous period of consultation, evaluation...

https://mfame.guru/ports-last-sailing-cargo-ship-to-be-dismantled/

Bangladesh Largest Recycler Of Oil Tankers, Says UNCTAD

Credits: Natalya Letunova/Unsplash

Bangladesh remains one of the largest recyclers of old ships in the world, despite a decrease in the total tonnage demolished last year, according to a UNCTAD report.

Burying Ground For Vessels

The country has become the burying ground for more than one-fourth of the world’s total tonnage of vessels sold for demolition in 2017, says the United Nations Conference on Trade and Development (UNCTAD) annual Maritime Review that came out last month. Only neighboring...

https://mfame.guru/bangladesh-largest-recycler-of-oil-tankers-says-unctad/

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