Shipowners can now take a simple, powerful step to help protect ship recycling workers

For shipowners selling end‐of‐life vessels, the EIS provides a simple, transparent mechanism to ensure workers and their families are protected in case of permanent injury or death. By contributing 0.5 USD per Light Displacement Tonne (LDT) through a BIMCO Letter of Intent, sellers can help guarantee that compensation reaches workers quickly and in line with international labour standards. As a result, stakeholders involved in the process will have the certainty that the workers recycling those ships have better protection. This contribution offers shipowners a concrete way to demonstrate leadership, improve... The post Shipowners can now take a simple, powerful step to help protect ship recycling workers first appeared on Ethical Marketing News .