CNCo has a Sustainable Ship Recycling Policy in place stating that all vessels at the end of their working life will be sent for recycling to yards that, as a minimum, adhere to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) that was adopted on 15 May 2009 (even prior to its full ratification); and that, are certified by a reputable independent third party to ISO 9001:2015, ISO 14001:2015, OHSAS 18001:1999 and preferably, ISO 30000:2009. This policy ensures that CNCo recycles its assets in a sustainable, safe and in an environmentally responsible manner. CNCo has been working with the management of selected Ship Recycling Facilities in Alang, India, on improving their health and safety standards as well as environmental compliance. We recycled a number of CNCo vessels at approved facilities in Alang, India under full time supervision from our own monitoring team appointed by CNCo with zero fatalities and LTIs as well as zero pollution incidents.
Read more about the mitigated environmental impacts and health, safety and social impacts of Sustainable Ship Recycling here.