Grieg Star is recycling its first vessel in Europe under the EU regulation on Ship Recycling (EU SRR).

The 43,800-dwt geared bulker Star Gran (built 1986) will be broken up at Leyal Ship Recycling Group in Turkey, Grieg said on Wednesday.

The EU-approved breaking yard is located near the city of Aliaga on Turkey's Aegean coast, close to the handymax’s last discharge port.