Norway Wealth Fund Turns Spotlight on India Shipbreaking

By Gwladys Fouche OSLO, March 13 (Reuters) - The ethics watchdog for Norway's $1-trillion wealth fund will focus this year on shipbreaking on India's beaches, which endangers workers and pollutes the sea and sand, and will also look into pollution caused by pharmaceutical companies. The world's largest sovereign wealth fund, created from the proceeds of Norway's oil … [Read more...]

Two Workers Killed Scrapping Tanker in Chittagong

Two workers were killed Monday in a fire that started in the engine room of an end-of-life tanker being dismantled at a shipbreaking yard in Chittagong, Bangladesh, the NGO Shipbreaking Platform has confirmed. Local media reports that the incident took place around 10:15 a.m. local time at the Shagorika Ship Breaking Yard on Monday. The vessel being dismantled has been … [Read more...]

Turkey Ratifies Hong Kong Convention for Safe and Environmentally Sound Shipbreaking

Turkey has ratified the IMO Hong Kong Convention for the safe and environmentally sound recycling of ships, becoming the first of the five major shipbreaking nations to ratify the treaty. The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009, which is aimed at ensuring that ships sent for scrap do not pose a risk to human … [Read more...]

NGO Shipbreaking Platform: Record-Breaking 90% of End-of-Life Tonnage Scrapped on South Asian Beaches in 2018

A total 744 large ocean-going commercial vessels were sold to scrap yards in 2018, of which 518 were broken down on beaching yards in Bangladesh, India and Pakistan, according to data from the NGO Shipbreaking Platform in its annual report on global shipbreaking practices. According to the report, the number of ships beached accounted for a record-breaking 90.4% of the total … [Read more...]

Accidents Prompt Pakistani to Halt Ship Breaking at Gadani Yards

Pakastani officials have reportedly shut down all ship breaking activities at Gadani yards after two separate accidents this month left three workers with critical injuries, the NGO Shipbreaking Platform said Friday. The first accident took place on October 11th when a tanker caught fire on the beach in Gadani. Fortunately, no casualties were recorded, but just a few days … [Read more...]