South Asian Scrapping Yards Move Forward

A total of 182, out of 212 end-of-life ships which were sold for breaking in the second quarter of 2016, ended up on the South Asian beaches, according to the data collected and analysed by the NGO Shipbreaking Platform.

News ID: 68180

Date: 14 August 2016 - 12:59

This represents 86 percent of end-of-life vessels which reached the shores of Bangladesh, India and Pakistan, MANA correspondent reported.

Bangladesh was the favorite final destination between April and June 2016, despite the fact that the Bangladeshi yards work under the worst conditions.

EU owners were the last beneficial owners of 61 ships sold to South Asia in the quarter. Greek owners topped the list with 27 ships sold to South Asian breakers, followed by German owners with 21 beached vessels. Chinese, South Korean and Hong Kong owners rank high on the list as well, all selling several vessels to Bangladesh.

The NGO Shipbreaking Platform earlier reported a surge of fatal accidents in the Bangladesh shipbreaking yards in May and June as at least five workers have been killed and five more severely injured.

The Bangladesh shipbreaking yards have been very busy in the last month with a large number of vessels beached, therefore, according to the Platform, “safety measures have become even more lax than usual, which has resulted in a high number of deaths and severe accidents.”

It's worth mentioning that out of 182 vessels, 100 were bulk carriers, the most common type of end-of-life vessels currently.