Assessing Bangladesh’s Ship Recycling Journey Through the Hong Kong Convention: A Review

Abstract

Despite the significant contribution of the ship recycling sector to the global economy and industrial development (e.g., Bangladesh's USD 800 x 106 turnover), concerns about safety and environmental impact necessitate a critical evaluation of current practices. While the Hong Kong Convention (2009) established a framework for safe and environmentally sound recycling, Bangladesh, a leader in this sector, faces challenges in aligning existing yards with these standards. This study aims to identify and address the challenges hindering Bangladeshi ship recycling yards from achieving compliance with the convention. Employing a comprehensive literature review technique, meticulously analysing relevant academic journals, industry reports and governmental regulations to identify existing knowledge gaps and best practices in achieving compliance with the Hong Kong Convention. The findings of the study encompass tailored recommendations, including the implementation of continuous monitoring for effective job scope management and transparent financial backing for yard enhancements. These insights can be served as a roadmap for advancing Bangladesh's ship recycling industry, fostering environmentally sustainable practices, ensuring worker safety and fostering sustained economic growth.