More recycling capacity will be urgently needed in the years ahead, but reverting to old ways by beaching is not the answer, says Uday Yellapurkar
Captain Uday Yellapurkar, chairman of Dutch-based cash buyer Elegant Exit Co and former chairman of Womar. His Elegant Exit pays yards, including Bahrain’s ASRY, to cut up ships’ hulls and retains ownership of the scrap steel and recyclable equipment.
Photo: Elegant Exit Co