OSM can manage the recycling of your ship. We have experience in Ship Recycling


In OSM, we care about the environment, and through our processes, policies, and ethics we make sure that we always take initiatives towards this goal but at the same time, we are always compliant with the regulations. OSM implements processes and policies regarding corporate sustainability and is a member of the United Nation’s Global Compact that supports Sustainability.

All the vessels after they are released from service, must not trigger risks to human health, safety, and the environment. Green ship recycling reduces the amount of waste and also keeps the waste materials from shipbreaking away from the beaches in order to guard the environment and avoid any harmful impact. OSM can manage the recycling of your ship, where virtually nothing goes to waste. The materials and equipment are almost entirely reused. Steel can be reprocessed. Ships' generators are reused ashore. Batteries find their way into the local economy. Hydrocarbons on board become reclaimed oil products to be used as fuel in rolling mills or brick kilns. Light fittings find further use on land.

To learn more about OSM’s Ship Recycling and Costs contact us!

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The steps towards sustainable ship recycling-min


Step 1 – Contract for ship recycling

OSM assists the ship owners with contract preparations with the recycling facility. In addition to the clause to meet the requirements as per the IMO Hong Kong Convention and/or the EU Ship Recycling Regulation and its guidelines, the Inventory of Hazardous Materials (IHM), Ship Recycling Facility Plan (SRFP), Ship Recycling Plan (SRP), Statement of Completion (SoC) and class survey statement (Independent Regulatory Review Commission – IRRC) should be listed above all. Moreover, a Ship Recycling Facility (SRF) monitoring program should be mentioned.

Step 2 – Inventory of Hazardous Materials (IHM) preparation

The IHM needs to be ship-specific, should be prepared by a qualified expert and cover all 13 or 15 substances listed.

Step 3 – Ship Recycling Plan (SRP) development

The SRP should be developed acc. to MEPC.196(62), refer to a specific SRF, reflect the specific Inventory of Hazardous Materials (IHM) and provide licensed disposal and recycling solutions for all materials listed in the IHM.

Step 4 – Ship Recycling Plan (SRP) approval process

The SRP requires Competent Authority (Recycling State) approval, explicit approval shall be with written notice of result and tacit approval shall specify the end date of a 14-day review period. An expert assessment of the SRP is recommended until the regulations are fully applicable.

Hazmat Lite –Hazardous Materials Knowledge, IHM Preparation- Reporting – Maintenance

Step 5 – Approved Ship Recycling Plan (SRP)

The SRF forwards the approved SRP to the shipowner. The SRP should contain the final version of the Inventory of Hazardous Materials (IHM).

Step 6 – Final survey by class

The final survey shall be conducted before the recycling activity starts. The survey guidelines (MEPC. 222[64]) should be followed. After the successful survey, an IRRC can be issued. The documents to be submitted for the survey include the IHM (Parts I, II and III), the approved SRP and a copy of a valid SRF Document of Authorization of Ship Recycling (DASR).

Step 7 – Report and start of ship recycling

The SRF launches the start of the ship recycling with the submission of the IRRC to the Competent Authority. The process should be monitored by an independent expert if the SRF is not on the EU list of approved SRFs.

Step 8 – Statement of Completion (SoC)

After completion, the SRF issues a Statement of Completion (SoC) together with a report on accidents damaging human health and the environment, if any, and reports this to its client and the Competent Authority. All involved stakeholders receive a copy of the SoC.

Where can a ship be recycled-min


Summary of the general regulatory situation as per today:

European Economic Area (EEA) flagged vessels will be governed by the EU Regulation on Ship Recycling. This means, the ship must be recycled at a facility in the European List of ship recycling, and in this case, a European Economic Area country. There are 15 countries in the EEA.

Non-EEA-flagged vessels will be governed by the European Regulation on Shipments of Waste if exported from an EEA port for dismantling. This means it must be recycled in an Organisation for Economic Co-operation and Development (OECD) country. There are 38 countries in the OECD.

Non-EEA-flagged vessels will be governed by the Basel Convention outside the EEA if exported from a non-EEA port for dismantling. This means a ship may be recycled in EEA countries, OECD countries or in countries where the Basel Convention has been ratified. 53 countries have ratified the Basel Convention so far.