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Hong Kong Convention for Ship Recycling
November 23 , 2019
1824 days
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- The Union Cabinet has approved accession to the Hong Kong International Convention for Safe and Environmentally Sound Recycling of Ships, 2009.
- The Convention was originally adopted at a diplomatic conference held in Hong Kong, China, in 2009.
- It is aimed at ensuring that ships being “recycled” after reaching the end of their operational lives do not pose any unnecessary risks to human health, safety and to the environment.
- In 2018, India handled about five million gross tonnage (MnGT) annually, which is nearly 25% share of the world’s ship recycling industry.
- India remains the leading market for ship-wrecking globally.
- The Alang-Sosiya ship breaking yard in Gujarat handles around 450 ships every year.
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