Evaluation of Bangladesh Ship Recycling Industry (Hardcover)

Ship recycling considered as the best means to salvage an old ship either at the end of her operational life or at any time as decided by the owner, regulatory bodies or law enforcement authority. South Asia is the global hub of ship breaking and recycling of End of Life (EOL) ships. Bangladesh possesses the largest recycling industry in the world. Average 200 different types and of EOL ships are recycled annually in different local recycling yards in Bangladesh. In the present research it has been found that; average 2000000 LDT different types and sizes of obsolete ships are recycled annually in local yards in Bangladesh.
Actual Challenge of this sector is the restrictive nature, as well as lack of ground data. In fact, very few studies have been completed so far; but mostly have been based on limited preliminary data and assumption. That’s why more study is necessary to find out the actual contribution and sustainability of ship recycling industry in Bangladesh. Local recycling industry of Bangladesh will be sustainable at future if proper guidance and professionalism can be enforced. This promising local industry need continuous monitoring, good leadership, financing, guiding, motivation and whole hearted support from government and other related stake-holders.