Bangladesh is set for a major transformation of its ship recycling sector. Parliament has passed the Bangladesh Ship Recycling Bill, 2018, which has provisions for imprisonment and fines for violations.
Industries minister Amir Hossain Amu said a zone will be established in Chittagong for the ship-recycling industry where all yards will have to operate.
Yard owners will have to provide insurance for all of their employees and obtain no-objection certificates from the shipping ministry to bring any ship in for scrapping.
The government will also set up a treatment, storage, and disposal facility within three years to handle waste produced from ship recycling.
The bill now awaits the nod of the president.