As TradeWinds exclusively reported last month, the initial list, a part of the European Union Ship Recycling Regulation, comprises only European shipyards and would have insufficient capacity to demolish the European fleet.

In a statement issued by the German Shipowners’ Association (VDA), chief executive Ralf Nagel said the EC had missed a chance to encourage more Asian yards to improve by failing to include breakers that now meet the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships’ standard.

“The