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INSA pushes for ratification of the Hong Kong Convention on ship recycling by India


(INSA) reiterated the need for the ratification of Hong Kong Convention. At a meeting held at Mumbai, The Japanese Shipowners' Association, represented by the of the Ship Recycling Committee, Mr. and Indian National Shipowners' Association, represented by the Chief Executive Officer, Mr. jointly pushed for the need for expeditious ratification of the Hong Kong Convention on Ship Recycling.

The or HKC is a multilateral convention adopted in 2009 which has not entered into force as it is awaiting ratification by the large ship recycling like China, India, and such as Turkey, Germany, and have already ratified the convention.

Mr. Anil Devli, CEO, INSA, said, "Early ratification of the HKC will ensure that the Indian ship recycling yards would substantially benefit. This is expected to lead to a growth of Indian ship recyclers in Alang, as it would also raise increased for Indian ship breakers and would also multiply employment opportunities".

The has been active in Alang, to help the ship recycling facilities in to upgrade with safe and environmentally friendly processes. With the encouragement of the Japanese Government, the number of HKC compliant yards in Alanghas reached 68 as on November 2018 as against nil in 2012.

Both the associations also discussed the impact of the European Unions Ship Recycling Rules (EUSRR) and INSA voiced its concern at the way the EU SRR could take away and employment opportunity from as well as add to the compliance costs of Indian shipyards. Both parties agreed to work in a coordinated manner on this issue. This story is provided by BusinessWireIndia.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 11 2019. 17:07 IST