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New ‘mega’ green ship recycling yard in China

China – China’s largest shipbuilder and repairer, Dalian Shipbuilding Industry, is constructing what could be the world’s biggest ‘green’ recycling facility.

The yard on Changxing Island, in China’s northern Liaoning province, will have capacity to dismantle 75 ships of 50,000 to 300,000 DWT per year, handling up to six at a time. It is scheduled to come into operation in June 2012.

Some of the steel from dismantled vessels will be melted for Dalian Shipbuilding’s immediate re-use in new hulls. The one-stop shop will see ships built, repaired throughout their life and ultimately dismantled in the same location, with all waste handling carried out on site.

Dalian Shipbuilding, owned by Shanghai-listed China Shipbuilding Industry Corp, has invested RMB 900 million (US$ 139 million) into the project. The company owns 67% of Dalian Shipbuilding Industry Ship Recycling. Singapore-based Pacific International Lines (PIL) holds 18% and Angang Steel 15%.

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