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Ship recycling is the most environmentally sound manner to treat of ships at the end of their commercial lives. Additionally, recycling presents an opportunity to contribute to the circular economy through the supply of large quantities of scrap metal to the steel and iron industries - reducing the need to produce primary metals.
This opportunity comes with some challenges. Ships being recycled should not pose any unnecessary risk to human health and safety nor to the environment. The international framework to best assure that these challenges can be met has some complexity.
The Hong Kong Convention (HKC) has now been ratified with entry into force in 2025. However, the European list of approved ship recycling facilities needs to sit alongside and be fit for recycling of ships engaged in deep sea shipping and there are potential conflicts of law between the HKC and the Basel Convention that now need to be resolved. Nonetheless, the challenges are not insurmountable and consolidated and collaborative action can move things forward.
This roundtable will examine the state of play of international ship recycling in the context of current legal frameworks and the recent HKC ratification. Participants will be asked to discuss the interplay between the race to decarbonise and assuring environmental protection as well as the safety, health, and wellbeing of those working in recycling facilities and to ask, “where next for ship recycling?
THIS EVENT IS NOW FULLY BOOKED. PLEASE CONTACT EVENTS@BIMCO.ORG TO JOIN THE WAITLIST
Join us at our other events throughout London International Shipping Week 2023
Monday 11 September - GENCON 2022
Tuesday 12 September - Panel Session: World-leading contracts and clauses in a fast-changing world
Thursday 14 September - Panel Session: Electronic bills of lading – where are we now?