After HKC Certification, NYK sent the first ship in Bangladesh for green recycling. According to the company, PHP Ship Recycling Facility, has become the first yard in Bangladesh to be certified by NYK as compliant with the company’s environmental, safety, and human rights standards.
NYK was the first Japanese shipping company to participate in the Ship Recycling Transparency Initiative (SRTI), an information-disclosure platform concerning the ship recycling process. The vessel that NYK sent is believed to be Panama-flagged general cargo ship KAMO, built in 1998.
Ships contain a large amount of high-quality iron, and appropriate disposal of valuable recyclable resources is important for the realization of a circular economy. Additionally, the minimization of environmental pollution and industrial accidents when ships are dismantled has been an issue receiving attention.
This achievement is no small feat. It is the culmination of 12 years of intensive hard work, building the facility’s concrete floors and concrete slipway, procuring the best equipment, and aggressively training of staff.
..said Mohammed Zahirul Islam, Managing Director at PHP. “All of this required an investment of $11 million so far.”
The NYK Group sends supervisors to yards that have been certified by classification societies to confirm that the yards also meet NYK’s stricter standards.
In addition, ship recycling yard at Shitalpur, Sitakunda is a significant step for Bangladeshi green ship recycling, after NYK. Although the convention is yet to be ratified, responsible ship recycling yard operators have begun undertaking voluntary certification so as to ensure rigorous safety standards and support ongoing calls for Environment, Social and Governance (ESG) reporting across maritime.
