Tag: EU Regulation on Ship Recycling

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Ship Recycling: Lessons to be learned from the Eide carrier

Ships reach their ‘end-of-life’ when their second hand sale value for further trading drops below their recycling value. This can happen for many reasons, such as ship’s condition deterioration, but the ship recycling procees must take place with caution. However, this does not always happen, with such cases providing lessons learned. One such case is the Eide carrier. 

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