BIMCO warns of potential ship recycling regulatory inconsistencies

As attention begins to focus on the results of the European Commission’s review of its Ship Recycling Regulations, which are expected to be published in Q2 2024, BIMCO has jointly submitted a paper ahead of the 81st Marine Environment Protection Committee (MEPC) meeting on 18-22 March 2024, together with Bangladesh, India, Norway, Pakistan and the ICS. The paper underlines the need to resolve potential conflicting requirements between the Hong Kong Convention and the Basel Convention which are leading to inconsistent regional interpretations.