Only nine shipyards, out of 26, on the EU list of approved recycling facilities are realistically open for ship recycling, and only three of the 26 could recycle a large ship (Panamax size or larger), a study commissioned by BIMCO shows.
Since the beginning of 2019, the EU has had its own set of rules for ship recycling. The rules may even influence shipowners not using an EU flag.
Fraudulent registration of ships and fraudulent registries, which have been used as a cover for criminal activities, was high on the agenda of the 106th session of the IMO Legal Committee, taking place in London from 27 to 29 March.
The International Oil Pollution Compensation (IOPC) Funds met in London on 1 – 2 April to review incidents involving the Funds and with BIMCO represented as an observer.