Cyprus Shipping Chamber welcomes entry into force of Hong Kong International Convention on Ship Recycling

Press Release 12:51 - 26 June 2025

Economy

The Cyprus Shipping Chamber has welcomed the implementation of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, which officially enters into force today, 26 June 2025.

The Convention represents the first global legal framework that ensures ship recycling is carried out in a safe and sustainable manner, protecting both human health and safety as well as the environment.

The Chamber said it has been a strong supporter of its adoption and implementation, acknowledging that for a global industry like shipping, it is essential to have harmonised international regulations governing ship recycling. A standardised international framework further enhances safety, environmental protection, and compliance, ensuring that ship recycling is conducted under controlled and proper conditions, it added.

"With the Convention now officially in force, and acknowledging the progress made over the last 16 years since its adoption by the International Maritime Organization (IMO), the Chamber considers it an urgent necessity for the European Commission to include in the European List of Approved Ship Recycling Facilities any facility that meets the requirements of the Convention," it said in a press release. "This will ensure a level playing field for EU-flagged ships at the end of their life cycle. The current list is limited in terms of number and geographic spread, and does not adequately meet the needs of a global industry like shipping."

Cyprus Shipping Chamber welcomes entry into force of Hong Kong International Convention on Ship Recycling

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