classnk ship recycling seminar

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For your competitive sustainability

ClassNK Ship Recycling SeminarImpressions on SRFs

in Pakistan and Bangladesh

• Poor shipping markets– Overcapacity increasing further

• New tonnage = 5 x recycled tonnage!• Economical pressure

– High demand on ship recycling• Price vs. standard of ship recycling

– Bad standard = good price– Good standard = bad price

• Public pressure and no legally safe way (yet)• Shipowners lacking recycling knowledge

– Own judgement = own risk– Misleading certifications not helpful

General situation

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• Corporate Social Responsibility– Does not end with selling of a ship– Demanded by shipping clients (major cargo owners)

• Two options1. Improvements and best practice2. “greenwashing”

• Select your partners carefully– Ship recyclers– Brokers & cash buyers– Consultants – Certifiers

General situation

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• 5 major ship recycling countries (~98%)

– Good image / low price• China• Turkey

– Bad image / high price• Bangladesh• India• Pakistan

Ship Recycling Markets

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For your competitive sustainability

Bangladesh or Pakistancan you guess?

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• These conditions exists due to:– Lack of:

• Responsibility • Awareness & demand• Control & enforcement• Quality of certifiers

• Don´t sell ships without inspection of recycling facilities– Make sure you / your consultant knows the requirements– Many owners visit with different priorities

= confusing for ship recyclers

Conclusions

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• How can it be changed?– Review HKC– Develop your (additional) criteria– Select business partners carefully– Accept costs for improved recycling practices

• Compare China & Turkey with other HKC-compliant SRFs– Help creating / expanding the green ship recycling market– Don´t trust certificates only– Involve knowledgeable experts

Can you trust (my) photos?

Conclusions

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GSR Services GmbHAuf dem Brink 121394 SuedergellersenGermany

info@gsr-services.comwww.gsr-services.comTel: +49 4135 31789 -50Fax: +49 4135 31789 -62

We look forward to supporting you!

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Sustainable End of Life Ship Solutions - SELS²economical, non-corruptive and sustainable CSR-compliant ship recycling solutions incl.

– Commercial services & execution– Technical services– Organizational services

Alternative approach

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• Our experience ensures:– Accuracy – Effective processing – No/limited disturbance of operations– Perfect guidance and services for all clients

• GSR is:– Dedicated to best practice– At the forefront of all SR-developments– Understanding all aspects and complexities– Providing support for effective compliance

for all stakeholders and for entire life cycle of ships, from cradle to grave

– Member of IHMA*

* www.ihm-association.org

Why GSR Services

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