Marco Polo Marine gets permit for green ship recycling

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Marco Polo Marine‘s subsidiary PT Marcopolo Shipyard is set to being green ship recycling after receiving a permit from local Indonesian authorities in Batam to conduct ship recycling, and getting certification for green methods, the company said in a filing to SGX Wednesday.

The shipyard is the first in Indonesia to have ISO 30000:2009 certification from ABS Quality Evaluations (QE), which is seen by many shipowners as a prerequisite for complying with the new European Union Regulation on Ship Recycling and the International Maritime Organization (IMO) Hong Kong Convention, the filing said.

“With the ISO certification by ABS QE, ship-owners can be assured that their vessels are recycled in safe and environmentally sound facilities,” Sean Lee, CEO of Marco Polo Marine, said in the statement.

Pier Carazzai, ABS vice president for the South Pacific region for business development, added: “ABS and Marco Polo Marine have worked together since 2009, supporting new construction projects, Classing of existing fleet, certifying Ship Management Systems for drydocking and approval in principle (AIP) to validate new technologies. Additionally, we have partnered on joint development programs on the design of new sustainable vessels.”

The maritime industry is under pressure to ensure vessels are recycled safely and responsibly, the filing said.

The Ship Recycling Transparency Initiative (SRTI) was launched in 2018 to promote transparency across the shipping value chain and to accelerate a market-driven approach to responsible ship recycling practices, the filing said. Maersk, NYK and Crowly are amonth the more than 20 signatories to the SRTI, the filing said.