Out of 202 vessels scrapped during the third quarter of 2014, more than 70% ended up on the beaches of South Asia, with 39 of them owned by European owners.
According to the NGO’s latest figures, Greek owners sold 19 ships to South Asian breakers, representing more than 80% of all Greek ships broken globally this quarter.
The European Union (EU)’s first technical interpretation draft of its recycling regulation strongly suggests it will not permit ships registered in the region to be scrapped on beaches.
“Despite
