It would be great if the EU is able to enter a bilateral agreement with the Indian authorities that would allow European shipowners to sail to India with demolition-ready vessels as soon as the facilities meet the EU's requirements, says industry association Danish Shipping.
The association points out the several Indian shipbreaking yards have come very far with upgrading their facilities. But a 25-year-old rule under the Basel Convention currently prevents European ships from sailing to, among other countries, India to have ships scrapped - even if the shipyards were to secure an EU approval.
Get full access for you and your coworkers.Start a free company trial today
Already a member? Log in.