Sunday 24 February 2019
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business-standard - 13 days ago

INSA pushes for ratification of the Hong Kong Convention on ship recycling by India

Indian National Shipowners Association (INSA) reiterated the need for the ratification of Hong Kong Convention. At a meeting held at Mumbai, The Japanese Shipowners Association, represented by the chairman of the Ship Recycling Committee, Mr. Keijo Tomoda and Indian National Shipowners Association, represented by the Chief Executive Officer, Mr. Anil Devli jointly pushed for the need for expeditious ratification of the Hong Kong Convention on Ship Recycling.The Hong Kong International Convention for the safe and environmentally sound recycling of ships or HKC is a multilateral convention adopted in 2009 which has not entered into force as it is awaiting ratification by the large ship recycling countries like China, India, Pakistan and Bangladesh. Countries such as Turkey, Germany, and Japan have already ratified the convention.Mr. Anil Devli, CEO, INSA, said, Early ratification of the HKC will ensure that the Indian ship recycling yards would substantially benefit. This is ...

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