Turkey is the ONLY ship recycling nation that has ratified the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships.

		A sizeable rise in volume of vessels in 2010
		Turkey is a logical choice for Naval, State and EU flag vessels in the EU region that by law require recycling only in the OECD region
KEY ELEMENTS
		Member of OECD
		Small LDT and under tow vessels
		Key market for Green ship recycling
DISADVANTAGES
		Low Prices

BEST MARKET FOR
		Small and/or naval vessels located in Europe/Med