World's biggest scrapping yards looking to be approved

Following the EU's adoption of regulations stating that only approved shipbreaking yards and facilities will be featured on a new positive-list for carriers, the world's two biggest shipbreaking yards, both Chinese, applied for EU approval yesterday, Wednesday.

BY TOMAS KRISTIANSEN

With the EU's adoption last year of new regulations for approved scrapping facilities, the first yards are now reporting to the EU Commission in order to secure the coveted approval.

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