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Bangladesh shipyards brace for recycling boom

Eco-Business LogoEco-Business5d ago

Bangladesh shipyards brace for recycling boom - Eco-Business

Quick Summary:

New international law seeks to make ship-breaking safer and cleaner – workers want better pay, too.

These older ships are heavy emitters, spewing out pollutants and planet-heating emissions, which have hastened the industry’s efforts to retire them, said Anand Hiremath, chief sustainability officer at GMS, which buys old ships and resells them to South Asian ship breakers.

Zahidul Haque, who is in his 70s, lost his son Abdur Rashid - a junior cutter when fire broke out in Pakiza Ship Yard about a decade ago.“We received some compensation which was just 100,000 Taka (US$820) back then - but with our sole earning member gone, we have no one to look after us,” he said.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 05:20:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 1056 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 26351290

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About Eco-Business

Main Topics: EconomyBusiness

Official Website: eco-business.com

Year Established: 2009

Headquarters: Singapore

News Last Updated: 2 days ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #100

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