Episode 3 of the GMS Hong Kong Convention Podcast Series features Ingrid and Henning discussing the evolving role of ship recycling yards under the Hong Kong Convention, which came into effect on 26 June 2025.

The conversation focuses on the transformation taking place in yards across India, Bangladesh, Pakistan, and Türkiye. Many are now HKC-certified or actively upgrading to meet international standards. These developments, supported by Ship Recycling Facility Plans and independent audits, are helping align the industry with global ESG expectations and increasing confidence across the maritime value chain.

This episode also introduces the GMS Sustainable Ship and Offshore Recycling Program (SSORP). The program supports recycling yards and shipowners by offering training, standardized documentation, and carbon reporting, all verified by LRQA.

For shipowners, financial institutions, insurers, and regulators, working with HKC-compliant yards offers more than meeting regulatory requirements. It also reduces risk, safeguards investments, and improves transparency.

Highlights from this episode include:

• Infrastructure upgrades and capacity expansion in key recycling regions

• How HKC-ready yards create value for shipowners, financiers, and insurers

• The role of SSORP in implementing ESG practices and third-party verification

• The impact of training, certification, and operational culture on yard performance