Parliament passed a landmark “The Recycling of Ships Bill 2019’’ for Safe and Environmentally Sound Recycling of Ships in India.

The passing of this Bill is a giant step and historical moment in the Indian Maritime arena and will have far-reaching effects in the Indian Ship Recycling industry.

The existing Shipbreaking Code (revised),2013 and the provisions of the Hong Kong Convention, 2009 are dovetailed in this Bill.

The Bill, upon becoming Act, will ensure environment friendly recycling process of Ships and adequate safety of the yard workers.

On this occasion, Union Minister of State for Shipping (I/C) and Chemical & Fertilizers, Shri Mansukh Mandaviya said that India is a leader in the global ship recycling industry with a share of over 30% of the global market.

With the enactment of this bill, India will set global standards for safe and sound environmentally-friendly recycling of Ships, as well as ensure adequate safety of the yard workers. He said that this bill will pave the way for more global ships to enter into Indian Shipyards for recycling and boost employment and business opportunities also.