Tuesday, August 30, 2022

CRACKS IN CANADA'S SHIPBREAKING REGULATIONS

    Canada has no federal shipbreaking rules. The industry here is small, but key in countries like Turkey, India, Pakistan and Bangladesh, which feed the recycled steel back into their economies.
   Canadian owners used to send their old vessels overseas, but towing has become expensive and environmental rules now limit some exports.
    Transport Canada says countrywide regulations are under consideration. But in the meantime, it also lists a total of 47,321 Canadian-registered vessels, — including 3,054 large ships, over 100 gross tonnage — that at some point will all need to be scrapped.

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