An ageing VLOC belonging to Eastern Pacific Shipping is just about to wash up at the breakers yard on the beaches of Alang in India, but unlike the outfit's previous demolition contracts this is different, according to chief executive Cyril Ducau.

Shree Ram Group, has been certified by ClassNK and Lloyd’s Register as Hong Kong Convention compliant Photo: TradeWinds

Company executives last year hammered out a new corporate environmental, social and governance (ESG) strategy that included a policy to demolish ships only at yards with a statement...