{"id":223065,"date":"2019-12-10T14:30:40","date_gmt":"2019-12-10T09:00:40","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=223065"},"modified":"2019-12-10T23:17:57","modified_gmt":"2019-12-10T17:47:57","slug":"landmark-the-recycling-of-ships-bill-2019-passed-in-parliament","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/12\/10\/landmark-the-recycling-of-ships-bill-2019-passed-in-parliament\/","title":{"rendered":"Landmark \u2018The Recycling of Ships Bill, 2019\u2019 passed in Parliament"},"content":{"rendered":"<p style=\"text-align: justify;\">Parliament passed a landmark <strong>\u201cThe Recycling of Ships Bill 2019<\/strong><strong>\u2019\u2019 <\/strong>for Safe and Environmentally Sound Recycling of Ships in India on 09-12-2019.<\/p>\n<p style=\"text-align: justify;\">The passing of this Bill is a giant step and historical moment in the Indian Maritime arena and will have far-reaching effects in the Indian Ship Recycling industry. The existing Shipbreaking Code (revised), 2013 and the provisions of the Hong Kong Convention, 2009 are dovetailed in this Bill.<\/p>\n<p style=\"text-align: justify;\"><strong>The Bill, upon becoming Act,<\/strong> will ensure the environment-friendly recycling process of Ships and adequate safety of the yard workers.<\/p>\n<p style=\"text-align: justify;\"><strong>The Key Benefits of the bill are as follows:<\/strong><\/p>\n<ul>\n<li style=\"text-align: justify;\">The bill will harbinger significant increased number of global ships entering into Indian Shipyards for Recycling.<\/li>\n<li style=\"text-align: justify;\">Recycling of Ships will boost business &amp; employment opportunities and strengthen India\u2019s position in the recycling industry.<\/li>\n<li style=\"text-align: justify;\">It will raise the brand value of our Ships Recycling Yards located at Alang in Gujarat, Mumbai Port, Kolkata Port &amp; Azhikkal in Kerela.<\/li>\n<li style=\"text-align: justify;\">10% of country\u2019s Secondary steel needs, as an outcome of Recycling of Ships, will be met in an eco-friendly manner.<\/li>\n<li style=\"text-align: justify;\">Ships Recycling facilities will become compliant to International standards and Ships will be recycled only in such authorised facilities.<\/li>\n<li style=\"text-align: justify;\">The tremendous growth of business activities will contribute to the country\u2019s GDP.<\/li>\n<\/ul>\n<hr \/>\n<p><strong>Ministry of Shipping<\/strong><\/p>\n<p style=\"text-align: right;\"><strong>[Press Release dt. 09-12-2019]<\/strong><\/p>\n<p style=\"text-align: right;\"><strong>[Source: PIB]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Parliament passed a landmark \u201cThe Recycling of Ships Bill 2019\u2019\u2019 for Safe and Environmentally Sound Recycling of Ships in India on 09-12-2019. <\/p>\n","protected":false},"author":8808,"featured_media":154904,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,13],"tags":[38771,38772,38770],"class_list":["post-223065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-statutes","tag-indian-maritime","tag-indian-ship-recycling-industry","tag-the-recycling-of-ships-bill-2019"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Landmark \u2018The Recycling of Ships Bill, 2019\u2019 passed in Parliament | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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