Marine Environmental Remediation (MER) Group became the seventh professional shiprecycling facility in the US when it opened for business at an abandoned naval base in the Puerto Rican town of Ceiba last year.
It is pitching itself as one of the greenest shiprecycling facilities available anywhere.
Lawrence Kahn, a company founder who acts as its general counsel, and Yogesh Rehani, who joined as chief commercial officer last month after a long career with cash buyer GMS, say their goal is to recycle 100,000 light deadweight tons (ldt) per year.
US
