Esben Poulsson, chairman of the International Chamber of Shipping (ICS) says that the difficult decision on when to send ships for recycling has been partly resolved by recent clarifications on upcoming regulations aimed at making shipping more sustainable.
“The good news - if it we can call it that - is that a number of important regulatory uncertainties which have complicated decisions about when best to dispose of older ships are finally being resolved,” Poulsson told delegates at the TradeWinds Shipowners forum held in Singapore today.
