More than 80% of the international business is carried out through sea transport. But what happens when these huge vessels reach the end of their service life? This is where ship recycling comes into play. It is a sustainable practice that disassembles old ships, recovers valuable materials and disposes of hazardous waste safely. But if not well monitored, this process is likely to cause havoc to the environment and endanger the lives of workers. In this post, we will explore the world of ship recycling regulations, why they are important, and how your organization can avoid non-compliance. Why Ship Recycling is Crucial A ship is not abandoned when it is retired from service, but rather it is reused. It becomes a storehouse of materials and aids in the elimination of possible environmental problems through recycling. 1. Environmental Impact You probably didn’t know that a single ship can yield up to 30,000 tons of steel. That’s a lot of metal! The recycling ships reduce the demand for raw materials and slash greenhouse gas emissions from the extraction processes. Most importantly, handling of hazardous materials such as asbestos and heavy metals does not pollute ecosystems. 2. Economic Significance Ship recycling is not only an environmental imperative, but it is an economic powerhouse. This sector is the lifeline of thousands of workers in South Asia, where it accounts for 70% of the global shipbreaking industry. It’s a win-win: The local economy thrives, and recovered materials fuel other industries. 3. Regulatory and Ethical Obligations Today, companies are being pressured more than ever to meet Environmental, Social, and Governance (ESG) standards. Ship recycling is not just about compliance with legal requirements, it’s about showing your responsibility for sustainable, ethical practices. Non compliance could cost more than just fines, it could damage your reputation, and stakeholders are watching. Global Ship Recycling Regulations: A Look Regulations vary by region, but their goal is the same: ensuring ship recycling is safe, efficient and environmentally sound. 1. Hong Kong International Convention (HKC) The HKC, adopted in 2009, is the benchmark for ship recycling safety. The requirements are being embraced by many shipowners, even though it will not become official until 2025. HKC has strict guidelines, from maintaining an Inventory of Hazardous Materials (IHM) to recycling only at certified facilities, to protect people and the planet. 2. European Union Ship Recycling Regulation (EU SRR) The EU SRR is mandatory if your ship flies an EU flag or docks in EU ports. This regulation, which was active since 2018, goes a step further by requiring that recycling is only done in approved facilities. It also requires continuous IHM maintenance, to keep track of hazardous materials through the ship’s life. 3. Basel Convention Hazardous wastes, including end-of-life ships, are governed by the global movement of hazardous wastes under the Basel Convention, which dates from 1989. It makes sure that waste is treated properly and that toxic materials are not dumped in developing countries. Although it’s not ship specific, it’s an important tool in regulating the disposal of hazardous waste during ship breaking. 4. National Frameworks India and Bangladesh have enacted national laws that conform to the global standards. For instance, India’s Ship Recycling Bill, 2019, which is based on HKC’s provisions, focuses on safety and environmental care in its shipbreaking yards. Emerging Trends in Compliance Ship recycling isn’t static. It changes, affected by technological improvements and changing regulatory environments. 1. HKC’s Growing Influence This is a new era, the HKC will be fully implemented in 2025. Its influence is undeniable, as over 60% of the global fleet already adheres to its standards. More countries are expected to ratify the convention, increasing the requirements of compliance for the industry as a whole. 2. Compliance Digital Solutions Complex processes are being simplified by technology. Innovation is enabling transparency and reducing administrative burdens in blockchain systems that track hazardous materials and digital tools that streamline IHM documentation. 3. ESG Reporting is Here to Stay Environmental impact is now a central part of corporate reporting. Investors and stakeholders need detailed information about recycling practices. ESG criteria is no longer a choice—it’s a must to remain competitive. 4. Tech Breakthroughs in Recycling Recycling is becoming safer and greener through innovation. Robotic systems for asbestos removal are cutting edge machinery that is reducing risks and increasing efficiency. These are changing the industry, and they are bringing us a safer future for workers and the environment. How IRQS Can Be Your Guide It’s a maze of ship recycling regulations to navigate. IRQS is a trusted partner who will help you take on compliance and adopt sustainable practices. 1. Regulatory Compliance expertise. Certification and auditing leader, IRQS has extensive experience in ship recycling. No matter if it’s HKC, EU SRR or any other standard, our team makes sure your operations are shipshape and legally compliant. 2. IHM Certification Made Easy The cornerstone of ship recycling compliance is a well maintained IHM. From initial assessment to the ongoing updates, IRQS provides end to end IHM services to your vessels to ensure they meet all regulatory expectations. 3. Recycling Facilities Certification If you run a recycling yard, you need to be recognised as an approved facility. Thorough audits and certifications are provided by IRQS to verify your compliance with international safety and environmental standards. 4. Tailored Training Programs Knowledge is power. Customized training for shipowners, operators and recycling facility staff to equip your team with the knowledge to keep you compliant and your operations optimised. 5. Sustainability and ESG Consulting IRQS takes you beyond compliance to help you improve your ESG profile. We provide consulting services on how to integrate sustainable practices into your business, how to improve reporting, and how to show your commitment to responsible operations. Conclusion Ship recycling is not just a necessity, but a vital part of the maritime industry’s sustainability strategy. This is not an easy field to achieve compliance and maintain ethical standards in. If your organization stays up to date with global regulations and