BIMCO's position has been approved by the BIMCO Board of Directors.
Ship recycling is the most environmentally sound way to dispose of ships at the end of their commercial lives and contributes to the circular economy through the supply of scrap steel to the steel producing industries, thereby reducing both the need for raw materials such as iron ore and the overall CO2 emissions from the production of new steel.
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (the HKC) was adopted in 2009 but has not yet entered into force. It is hoped that once all the criteria have been met, the entry into force of the HKC will take precedence over the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal (Basel Convention), and the Ban Amendment to the Basel Convention (Basel Ban) that entered into force in 1992 and 2019, respectively, with regard to transboundary export of ships for recycling.
Regulation (EU) No. 1257/2013 on ship recycling (the EUSRR) was adopted in 2013 and is aimed at facilitating the entry into force of the HKC. Ships calling at a port or anchorage of a port in the European Economic Area (EEA) must regardless of its flag have on board an inventory of hazardous materials (IHM) that specifies the location and approximate quantities of such materials. Ships flying the flag of an EU member state must be recycled only in those safe and environmentally sound ship recycling facilities included in the European list of ship recycling facilities. The recently published third edition of the BIMCO report on the European List of Ship Recycling Facilities concluded that no facilities from the main recycling states are included on the EU list.
To increase capacity at HKC compliant facilities, it is in the interests of shipowners to use such yards at their earliest convenience. This would also support the business case for compliant ship-recycling yards.
Shipowners are responsible for updating their ships' IHMs based on suppliers’ documentation in the form of mandatory Material Declarations. As most materials received onboard ships are produced and delivered outside Europe, the development and correct maintenance of the EU - IHM present a challenging requirement for shipowners..
Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.
The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.
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