EU Ship Recycling Regulation - Qualified extension to deadline of 31.12.20 to have IHM onboard
The Covid-19 pandemic and its impact on global trade has led to many shipowners selling off their ships for dismantling earlier than they might otherwise have done. According to the NGO Shipbreaking Platform, 166 ships were broken up in the first quarter of 2020, and 98 ships in the second quarter.
The UK Club has received the following update from Turkish lawyers, Ersoy Bilgehan, regarding ship recycling plans under the Hong Kong convention.