10,971.52 TRY BIST 100 BIST 100
41.97 USD USD USD
5.93 CNY CNY CNY
48.55 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
64.98 USD Fossil Oil Fossil Oil
66.20 USD Silver Silver
5.10 USD Copper Copper
107.59 USD Iron Ore Iron Ore
344.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,417.44 TRY Gold (gr) Gold (gr)

Asian ship recycling countries strengthen efforts to comply with Hong Kong Convention

Asia's leading ship recycling countries came together at a workshop in Manila on November 6-8.

Asian ship recycling countries strengthen efforts to comply with Hong Kong Convention

Key ship-recycling nations in Asia are strengthening their commitment to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC), set to take effect on June 26, 2025. The Convention aims to ensure safe and environmentally responsible recycling of end-of-life ships, protecting human health and the environment.

On November 6-8, officials from Bangladesh, China, India, Pakistan, and the Philippines gathered in Manila, Philippines, for an IMO-led workshop under the Integrated Technical Cooperation Programme (ITCP). Hosted by the Philippine Maritime Industry Authority (MARINA), the event prepared participants to ratify, implement, and enforce HKC standards and tackle compliance challenges.

Bangladesh, Pakistan, and India, which comprise over 85% of global ship recycling capacity, have already acceded to the HKC. China and the Philippines are also working toward alignment. The workshop’s sessions covered responsibilities under the Convention for stakeholders, including shipowners, shipyards, flag states, and recycling states. Participants also engaged in case studies and shared best practices.

The event included site visits to two ship recycling facilities in Manila, where participants observed operations firsthand, gaining practical knowledge of compliance requirements and identifying areas for improvement.

Through these efforts, the IMO’s ITCP program continues to support Asia’s major ship-recycling countries in preparing for HKC compliance, advancing safer and more sustainable practices across the region’s ship-recycling industry.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Russian pig iron prices increased

Monday, November 3, 2025

Inflation in october remained below expectations

Monday, November 3, 2025

The Customs Authority and Qatar Steel signed a Memorandum of Understanding to regulate the export of scrap iron

Friday, October 31, 2025

EURANIMI: The European Commission’s new steel plan will wipe out tens of thousands of manufacturing companies

Monday, October 27, 2025

Group Five Pipe Saudi announced plans to increase spiral pipe production capacity by 350,000 tons per year

Monday, October 27, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now