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HomeTurkish Maritime News$157 million in revenue from the recycling of scrap ships

$157 million in revenue from the recycling of scrap ships


Under the control of the Ministry of Environment and Urbanization, a contribution of 157 million dollars was made to the economy with the recycling of 60 scrap ships in the first 6 months of 2021.

98 percent of the ships that are withdrawn from the expedition at the end of their economic life are made of steel, and the majority of this is recyclable.

The scrap pieces obtained after the recycling of the ships are brought to the iron and steel factories as steel raw material.

The dismantling process is carried out by 22 ship recycling companies operating in the Aliağa Ship Breaking Zone in İzmir, which is permitted by the Ministry of Environment and Urbanization.

In this context, 108 ships with a steel weight of 855 thousand tons were recycled last year. Its contribution to the economy was approximately 450 million dollars.

In the first half of 2021, 60 ships with a steel weight of 450 thousand tons were recycled and approximately 157 million dollars was saved in the economy.

70 PERCENT INCREASE

In the first half of last year, 56 ships with a steel weight of 265 thousand tons were recycled.

News2Sea

The opinions expressed herein are the author’s and not necessarily those of News2Sea.

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