Posted on Jul 09, 2023 at 11:07 PM
In a historical development, the International Maritime Organisation (IMO), an organisation based on the principles of the United Nations, has announced that the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships will soon enter into force.
This significant economic achievement comes over a decade since the convention was established during a diplomatic meeting in Hong Kong, China.
As the responsible international authority, the IMO has set a 24-month timeline for the convention to take effect, marking a momentous occasion for the global ship recycling industry, marine environmental protection, and the well-being of workers and local communities.
Two key countries, Bangladesh and Liberia, have demonstrated their commitment to responsible shipbreaking by formally acceding to the Hong Kong Convention.
Bangladesh, known for its significant ship recycling capacity, and Liberia, one of the world's largest flag states, are leading the way in adopting responsible ship recycling practices.
Their ratification of the convention showcases their dedication to upholding the guidelines and ensuring the safe and environmentally sound recycling of ships.
The Hong Kong Convention aims to ensure that ships, throughout the ship life cycle from construction to disposal, do not pose unnecessary risks to human health, public safety, or the marine environment.
Its "cradle to grave" approach encompasses all aspects of ship recycling, including the proper management and environmentally sound disposal of waste streams.
The convention applies to ship owners, shipyards, recycling facilities, flag states, port states, and recycling states, assigning responsibility and obligation to each party involved in the ship recycling process. This collective effort is crucial for achieving safe and sustainable ship recycling operations.
With the ratification by countries such as Bangladesh, Liberia, and other major shipping nations, the Hong Kong Convention has gained international recognition and support. These countries collectively represent a significant portion of the world's commercial shipping, ensuring the convention's standards are widely adopted.
The International Chamber of Shipping, representing over 80% of the world's merchant fleet, has lauded this significant development, further emphasising the convention's global impact and its potential to shape the future of ship recycling.
While the Hong Kong Convention sets global standards, challenges remain, particularly concerning enforcing flag state authority and using substandard flags for end-of-life ships. Recognising these issues, the IMO and other organisations, such as the European Union, have developed additional rules and regulations to address them.
For instance, the European Union has introduced the EU Ship Recycling Regulation, which imposes stricter rules than the Hong Kong Convention.
Nevertheless, the Hong Kong Convention provides a crucial framework for responsible ship recycling, requiring ships to carry an inventory of hazardous materials and mandating recycling facilities to present unique Ship Recycling Plans for each vessel.
With all the requirements met, the Hong Kong Convention is poised to become operational on June 26, 2025. This signifies a paradigm shift in the ship recycling industry, instilling confidence in shipowners that their vessels will be recycled safely and environmentally friendly.
By adopting and implementing the convention's guidelines, countries and stakeholders in the ship recycling industry can ensure a sustainable future.
Responsible shipbreaking protects the marine environment and supports economic growth, which involves recovering and recycling valuable resources. It also ensures the well-being of workers and the preservation of local communities that rely on the shipbreaking industry.
In conclusion, the ratification and impending implementation of the Hong Kong Ship Recycling Convention is a testament to the international community's commitment to economic growth, environmental protection, and worker safety.
By adhering to the convention's rules and guidelines, countries can ensure economic prosperity while fulfilling their responsibility towards marine conservation and addressing the complex issues associated with ship recycling.
This historic agreement paves the way for a greener and more sustainable future in ship recycling, demonstrating the collaborative efforts of governments, organisations, and stakeholders to create a responsible and environmentally sound shipbreaking industry.
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