Having enjoyed a long career in the shipping industry, and having worked on the development and implementation of a regulatory regime for the ship-recycling industry over the past 15 years, I have had to think long and hard about the many legal, commercial and cultural questions that arise and affect both industries.

Nikos Mikelis is a senior industry consultant. Photo: Catwalk Productions/TradeWinds Events

In my view, the creation of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships was a triumph of common sense that balanced so carefully the difficult and sometimes contradictory needs of these two industries.