EU ship recycling regulation could fail to meet its target as it fails to accept realities
Rohit Agarwal, Partner at GSR Sentinels LLP, provides his opinion on EU's regulation for ship recycling (EU SRR). Mr. Agarwal believes that there will be no European VLCCs or large ocean going ship that will be scrapped in Europe in 2019. This will come despite EU efforts to make European shipowners recycle their vessels in the continent.
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