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The entry into force of the Hong Kong Convention in 2025 marks a pivotal step by nations to ensure the safe and environmentally sound recycling of ships. In the race to safeguarding a sustainable planet, the common international standard in ship recycling is also setting a new direction in which all stakeholders engage in the maritime circular economy

Belgian shipowners, represented by the Royal Belgian Shipowners’ Association (RBSA), applaud the approval by the Government of Bangladesh yesterday to ratify the Hong Kong Convention. This moves the world one step closer to the entry into force of a common global standard to recycle end-of-life ships.

The recent review of the regulations pertaining to pollution prevention in the shipping industry, including the Ship-Source Pollution Directive, the Ship Recycling Regulation, and the Environmental Liability Directive is coming under the scrutiny of the shipping industry within and outside Europe.

Exactly a year ago, Russia invaded Ukraine. This major escalation of the Russo-Ukrainian War plunged Europe and the rest of the world into an energy and food crisis. This invasion surprised many who thought that armed conflicts of this degree would nowadays not be possible on European soil. Especially after a global pandemic that had just brought the whole world to its knees by incapacitating the supply chain of goods and raw material.

The EU Ship Recycling Regulation needs “major surgery”, but the current proposals offer little more than a sticking plaster, says Gudrun Janssens Head of Environmental & Technical Affairs, Royal Belgian Shipowners’ Association on the latest GMS Podcast.

According to the annual piracy report published recently by the ICC International Maritime Bureau (IMB), piracy and armed robbery at sea last year has reached an all-time low since 1994. But the threat remains.

There is no doubt now that the HKC will ensure that earlier substandard ship recycling practices are banned, and this to the benefit of people working in the industry and the marine environment

Piracy and armed robbery in the Gulf of Guinea have reached alarming levels. It is high time European policy makers improve the situation for vessels and crew operating in this area through a number of methods. The poor security situation is jeopardising trade and development in the region and globally.