19 October 2021
RECYCLECON is a standard contract for the sale of ships for recycling in a safe and environmentally sound manner. The contract incorporates many of the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (the Hong Kong Convention) such as the Inventory of Hazardous Materials and the Ship Recycling Plan. The latest edition of this contract is RECYCLECON, issued in 2012. Copyright in RECYCLECON is held by BIMCO.
24 November 2021
The recent noteworthy drop in the Indian ship recycling market seems to have reverberated across the sub-continent recycling sector this week, as competing markets start to reverse their vessel offerings in near unison. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.