Green Ship Recycling is the goal of the Atlas Initiative. It is not yet a reality but it can eventually be. As Bangladesh seeks to make a regulated industry of ship recycling, using transparent safety and environmentally sound practices balanced with the challenge of keeping its competitive edge, the industry is evolving as government and trade associations help pave the way.
Shipbreaking in Bangladesh started in the 1960’s almost by accident as a ship stranded on a beach around Chittagong. Metal works companies bought the ship as scrap and the Bangladeshi shipbreaking industry was born.