Carriers' interest in responsible fleet scrapping is noticeable, at least judging by the number of Bimco's Recyclecon contract being used to ensure decent working conditions during the recycling process.
It has now been almost three years since Bimco, encouraged by its members, developed a standard contract that complies with the intentions of the Hong Kong Convention setting a framework for the scrapping of vessels. Bimco employed a series of industry experts to handle the practical aspects, including representatives from Stena Line and Leyal Ship Recycling Ltd in Turkey.
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