AP Moller-Maersk, Hapag-Lloyd, Wallenius Wilhelmsen, China
Navigation and Norden have joined a start-up project to improve disclosure on
corporate ship recycling policy.
Also teaming up with the owners are shipping financiers
Standard Chartered Bank, Nykredit and GES, and classification society Lloyd’s
Register.
The move comes amid increasing social, regulatory and
commercial pressure on shipowners to improve environmental and safety policy on
ship recycling.
The platform is to be called the Ship Recycling Transparency
Initiative (SRTI) and will be hosted by the global sustainability non-profit
Forum for the Future and independent charity the Sustainable Shipping
Initiative (SSI).
The programme was launched at TradeWinds Recycling Forum in
Hamburg this week.

The idea is now to market the platform and get more owners
and stakeholders onboard.
SSI general manager Tom Holmer said: “We have been working
on ship recycling for over three years with our members and are delighted to be
part of this initiative.
“Authorities of ship-recycling not only has a positive
impact on employs lives and the environment but can also contribute positively
to the economy and holds great value for both the shipping industry and global
society.”
Stephanie Draper, chief change officer, Forum for the
Future, added: “We see increasing levels of transparency as a key lever for
change in Bulk Ship for Sale.
"If shipowners share their practices then it raises
awareness of what’s happening, puts pressure on under-performers and allows
customers and owners to reward good performance.
"Definitely this will drag us to better social and
environmental outcomes which are so critical for ship recycling.”
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