During a visit to Bangladesh by Norwegian authorities, the Norwegian Shipping Association, the European Community Shipowners’ Association, the International Chamber of Shipping and BIMCO, between 8-11 May 2023, the Bangladesh Government confirmed that the country will ratify the Hong Kong Convention.
According to BIMCO, Bangladesh is now expected to ratify the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, commonly known as the Hong Kong Convention, in the next few weeks.
With the Hong Kong Convention entering into force, focus can increasingly turn to the much-needed global recycling capacity at yards complying with universal standards, BIMCO highlighted. “BIMCO is delighted that Bangladesh has confirmed their commitment to ratifying the Convention in the very near future. The need for compliant facilities from the main recycling states such as India, Bangladesh and Pakistan is critical due to the large number of ships expected to be recycled over the next 10 years,” said BIMCO’s Secretary General and CEO, David Loosley,
