Taking Responsibility: A Multi-Stakeholder Evaluation of the Shipbreaking and Ship Recycling Industry in South Asia
The global fleet of 48,525 merchant ships is responsible for 90% of world trade, making the shipping industry invaluable in today’s globalised world. On average 1,000 of these ships reach the end-of-life and are recycled annually. Close to 80% of these vessels are disposed of on the coasts of India, Bangladesh and Pakistan. Ship recycling in itself is a sustainable and necessary practice because o