Ms Ina Lutchmiah

Ina Lutchmiah

Updates

Shipping & Transport

Ship and rig recycling: frequently asked questions
International | 20 February 2019

International conventions and local regulations combine to create a complex legal regime, which is often overlooked. The sale of a ship or rig to an intermediate buyer, which then sells the asset on to a shipbreaking facility, will not necessarily insulate the original owner from future liability or reputational damage. This article addresses a number of frequently asked questions which owners and other parties involved in transboundary movements of marine assets for recycling may find helpful.