Ship Scrap
Recyclable material Cost-effective Readily available Sustainable option Various grades Bulk supply.
Ship scrapping is the process of dismantling old ships at the end of their service life for reuse of parts and recycling of materials like steel.
It is often an environmentally and labor-intensive process with hazardous materials, leading to calls for better global regulation such as the Hong Kong Convention to ensure safer and environmentally sound practices.
End of life: Ships have a lifespan of about 25–30 years before they become too costly to repair and maintain.
Economical: Scrapping is often the most economical and safe way to dispose of a decommissioned vessel.
Resource recovery: It allows for the recovery of valuable materials, especially steel, which lowers the demand for mined iron ore and saves energy in the steelmaking process.