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Maersk Slammed for Sidestepping EU Ship Recycling Law

June 11, 2016

Maersk Slammed for Sidestepping EU Ship Recycling Law

BRUSSELS, Belgium, June 11, 2016 (ENS) – Indian and international environmental groups are taking Danish container ship giant Maersk to task for its statement that the company is considering flagging its end-of-life vessels out of Danish or any other European registry to circumvent the European Ship Recycling Regulation and break the ships in India.

Owners of ships flying the flags of EU Member States must ensure that their ships are recycled only in ship recycling facilities that comply with strict requirements and are included on the European List. The European List will be officially published by the end of 2016.

Maersk says it will have to scrap more vessels in the coming years due to oversupply and low freight rates in the container market, and the company estimates it can earn an additional US$1-2 million per ship by using beaching yards in Alang, India.

After “Maersk Group’s recent announcement of its long-term commitment to create more responsible recycling options in Alang, India, an agreement has been reached for the landing of the first two vessels,” the company announced last month.

Read more at Environment News Service.

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