Wreckdock Vessel Recycling, a newfound eco-friendly vessel recycling facility company in Saudi Arabia, is asking for investors to support its efforts.
reckdock is constructing a secure and environmentally friendly facility in Al Jubayl, Saudi Arabia’s commercial port. Their goal is to use heavy-duty cranes, magnets, and other machinery tools safely by constructing four 350-meter-long dry docks surrounded by eight quays.
Over the last decade, the ship demolition industry has seen a green revolution, which has encouraged companies to implement operational changes during the demolition process in order to reduce carbon emissions. Ship demolition is a restorative procedure that helps to build a cleaner, greener future.
According to the company, two-thirds of the world’s decommissioned merchant ships are currently being sold for beach dismantling. These beachside dismantling operations began not because they were safer or more environmentally friendly, nor because they were the most efficient method, but rather because they were convenient and expedient.
Using responsible waste management programs, the company hopes to protect the environment from pollution caused by oil, gasoline, and other chemical and environmentally unfriendly materials, as well as to put an end to the irresponsible dismantling and recycling of end-of-life vessels on Asian beaches. They expect to dismantle and recycle 48 end-of-life vessels in our facility each year.
- Ensuring that legal requirements are met
- Selecting a suitable ship recycling facility
- Clarification of contractual matters
- Ensuring availability of a well maintained IHM
- Last voyage planning plus (voluntary) certification
- Supervision of recycling activities
Their vision consists of adhering to Human Rights rules and regulations in order to protect employees from harm during their labor. After dismantling, the company promises to follow the strict rules and regulations to recycle all the raw materials and to trade them to suppliers for a new life.
The soon-to-be public company is asking for the support of investors in order to secure their goal. In exchange, they offer a discount on early stage investors.