India’s ratification of the Hong Kong Convention reinforces the mandate to add Indian recycling yards to the EU SRR list of yards
The Indian government press information bureau has announced that the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the proposal for enactment of the “Recycling of Ships Bill, 2019” and accession to the Hong Kong International Convention for Safe and Environmentally Sound Recycling of Ships, 2009 (Hong Kong Convention).
The Recycling of Ships Bill, 2019 incorporates the following features:
In response, ship recycling cash buyer GMS’ founder, president and chief executive Dr. Anil Sharma commented: “I am delighted by the decision made by the Indian Government and this truly is another hallmark moment towards the accession of the Hong Kong Convention by the largest ship recycling destination in the world today. With this giant step, the Indian Government has ensured that, not only on the micro-end will the industry continue to operate while keeping worker health and the safety of the environment at heart, but on the macro-end, a growing number of ship owners seeking SoC based green-recycling options can be certain that the authorities have added another layer of security for their incoming vessels. As a result, this Bill eases the restrictions on non-EU yards that are currently imposed by the EU SRR.”
Dr. Nikos Mikelis, the former-head of IMO’s Ship recycling section and is considered as the "Father" of the IMO’s Hong Kong Convention also commented: “India was always the key to unlocking Hong Kong Convention’s entry into force and after a number of years waiting for India’s ship recycling industry to mature and embrace the technical standards of the Convention, and having witnessed that remarkable transformation, it is now most rewarding to receive news that India’s Cabinet has adopted the Convention as India’s own standard. It now only remains for Parliament’s both houses to review and pass the new Bill before India’s President signs India’s accession to the Hong Kong Convention.”
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