Ship recycling market - Regulatory frame and price fluctuations
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Keywords
Price fluctuations ; Ship recycling ; Maritime regulation ; Scrap prices ; Environmental impact ; Labor safetyAbstract
This thesis examines the economic, environmental, and regulatory facets of ship
recycling practices globally using a mixed-methods approach. By combining econometric modeling with field interviews, it investigates the effects of macroeconomic factors such as freight rates, oil prices, and the demand for scrap metal on the cost and timeline of vessel demolition. Case studies from the Mediterranean and South Asia highlight just how differently ship recycling is handled around the world—particularly when it comes to protecting the environment, ensuring safe working conditions, and following regulations. This study dives into key challenges like the widespread use of Flags of Convenience and the lack of consistent enforcement. It also examines how well major international frameworks—such as the Basel Convention, the Hong Kong Convention, and the EU Ship Recycling Regulation. It also explores dismantling methods, the role of intermediaries known as cash buyers, and the environmental benefits of recovering steel. The findings make it clear that, while responsible recycling is achievable, strong financial incentives and better global policy coordination are still urgently needed. In line with the UN Sustainable Development Goals, the thesis puts forward practical recommendations to strengthen regulatory consistency, improve worker safety, and promote more sustainable management of ships at the end of their operational life.
Postgraduate Studies Programme
Shipping ManagementDepartment
Σχολή Ναυτιλίας και Βιομηχανίας. Τμήμα Ναυτιλιακών ΣπουδώνNumber of pages
84Language
EnglishCollections
Except where otherwise noted, this item's license is described as
Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ελλάδα
Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ελλάδα