The entry into force of the European Union Ship ­Recycling Regulation (EU SRR) on 31 December 2018 was a game changer, not so much for its increased technical ­requirements with regards to yard compliance, but for its provisions requiring facilities outside the EU to undergo a rigorous assessment and onsite audit by the European Commission.

It also became the first international regulation to ensure a level playing field among ship­recycling yards ­anywhere in the world.