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Ship recycling: building a circular economy for the high seas
World Economic Forum Shipping & Ports
Like cars, all ships reach a point when it is no longer sustainable or economical to operate them. At the end of their life cycle, typically 20-30 years, most vessels are demolished or recycled. As the shipping industry works towards decarbonisation and older ships become obsolete, ship recycling is becoming part of the sector’s regulatory framework.
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