Ship&Offshore | Issue 02/2023
India leads the way in green recycling
In February, the Portuguese Government signed the IMO’s Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships. This is an important step for the entry into force of international standards for ship recycling. With the Carbon Intensity Index (CII) and the Energy Efficiency Existing Ship Index (EEXI) in place since January 1st, some experts predict that more ships will be recycled sooner if their CO2 ratings are poor. Freelance journalist, Paul Bartlett, spoke with Dr Anil Sharma, founder and CEO of Global Marketing Systems (GMS), about the outlook for the ship recycling market at locations in Asia and possible new approaches in Europe...