Almström recyclecon standard contract for recycling of ships

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The International Conference on Ship Recycling 07-09 April 2013

RECYCLECON Standard Contract for Recycling of Ships

Robert Almstrรถm, Contract Manager, Stena RoRo Representative of the Bimco Documentary Committee Chairman of the sub-committee of Recyclecon Master Mariner


RECYCLECON – Green Recycling Contract

STENA SPHERE Business Areas


RECYCLECON – Green Recycling Contract

1.  RECYCLECON development and key features 2.  Usage pre-and post-Hong Kong Convention 3.  A ship owners view


RECYCLECON – Green Recycling Contract

The development of RECYCLECON SALESCRAP 87

DEMOLISHCON

•  Sale of vessels for demolition •  First standard contract of this type

•  Revision of SALESCRAP 87 •  Demolition & Recycling

RECYCLECON

• “Green” recycling •  New contract


RECYCLECON – Green Recycling Contract

SALESCRAP 87

•  Prompted by 1980s increase in scrapping •  First standard contract for the sale of vessels for demolition •  Alternative to SALEFORM


RECYCLECON – Green Recycling Contract

DEMOLISHCON

•  A modern and dedicated contract

•  Endorsed by IMO in 2003 •  Perhaps too focused on Indian market


RECYCLECON – Green Recycling Contract

RECYCLECON - revision

•  DEMOLISHCON revision •  Pros and cons •  Revision abandoned


RECYCLECON – Green Recycling Contract

RECYCLECON - contract

•  Green recycling •  Niche market, currently less than 5% •  IMO Hong Kong Convention


RECYCLECON – Green Recycling Contract

RECYCLECON - challenges

•  International vs regional legislation •  State infrastructure •  Beaching


RECYCLECON – Green Recycling Contract

RECYCLECON - aim Preamble – “…an undertaking to recycle the Vessel in a safe and environmentally sound manner consistent with international and national law and relevant guidelines”. •  Voluntarily bound to HK Convention to extent possible •  Clearly worded and balanced provisions •  Reflects “green” commercial practice


RECYCLECON – Green Recycling Contract

The flow of RECYCLECON Delivery and completion Ship Recycling Plan •  Seller can exercise control •  Right to visit the SRF

Inventory of Hazardous Materials •  Part I before giving a price •  Without guarantee (Cl. 18) •  Outright sale (Cl. 2)

•  Preparation and notice •  Statement of completion


RECYCLECON – Green Recycling Contract

RECYCLECON – a practical solution •  Niche contract for green recycling •  International focus •  Synergy with SALEFORM 2012 •  First published April 2012


RECYCLECON Standard Contract for the “Green” Recycling of Ships

Thank you


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