European shipowners are routinely side stepping the European Union’s Ship Recycling Regulation (SRR) by flagging out and demolishing ships at beaching yards in South Asia, several experts said Wednesday.
The issue of low compliance comes as a blow to a regulation that was intended to ensure European shipowners only scrapped vessels to the highest standards.
Mandatory regulation
The EU SRR became mandatory a year ago and forces shipowners to demolish European flag end of life ships only at EU approved yards nearly all of which are located in Europe.
