The Intertanko Breakfast Briefing before the Tanker Shipping & Trade Conference brought members' attention to the forthcoming European Regulation on Ship Recycling (EU SRR - 1 January 2019).
Before the meeting, the chairman and Riviera’s head of content Edwin Lampert confidentially polled members on their companies’ vessel end of life policy: Do you have an end of life policy for your vessels?
After the briefing on EU SRR and other scrapping related subjects, the members were asked: Do you now plan to look into having an end of life policy for your vessels?
Nearly half the members present (42%) had no vessel end of life policy. However, after the briefing the majority of members present planned to put a policy in place.