Classification company ClassNK has awarded Chinese shipbreaking yard Jiangsu Chanrong Steel, which operates facilities along the shores of the Yangtze river in Jiangsu Province, a classification that complies with the regulations of the Hong Kong convention concerning safe and environmental scrapping.
Jiangsu Chanrong Steel becomes just the fourth scrapping facility to receive this classification, and part of the awarding stems from the close collaboration between the shipbreakers and nearby Chengxi Shipyard, which counts among its investors both the Chinese state and Mitsui & Co., says ClassNK in a press release.
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