DNV GL has released a ship recycling guide Photo: DNV GL
DNV GL has launched new guidance on recycling to help shipowners navigate an increasingly complex regulatory environment.
Shipowners looking to make informed, economic and responsible decisions about how to deal with vessels at the end of their lifecycles face a much stricter and more complex set requirements than in the past. With regulators targeting shipowners with significant financial penalties, even criminal offences, shipowners need a careful and considered strategy for dealing with ship recycling of their vessels.
“Ship recycling is an area where we can see significant pressure building in our industry, both from regulators, wider stakeholder groups and the public,” said Knut Ørbeck-Nilssen, chief executive of DNV GL – Maritime. “This means that ensuring compliance is essential for shipowners looking to protect their reputations and businesses, while building trust that their vessels are recycled in a safe and sustainable manner.”
The new guidance, ‘SHIP RECYCLING: NAVIGATING A COMPLEX REGULATORY LANDSCAPE’, sets out the main recycling options, the legal, reputational and financial risks, and provides a process that can help to assess whether an individual yard is likely to carry out recycling to an acceptable level. This process has been designed by DNV GL to provide owners a template for action, in the absence of internationally accepted certifications outside the EU scheme, when they are dealing with yards not on the EU approved list.