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$450 Million contribution from scrap ships to economy

HURDA GEMİLERDEN EKONOMİYE 450 MİLYON DOLARLIK KATKI

In 2020, the economy was funded by 108 vessels recycled under the supervision of the Ministry of Environment and Urbanisation.

Last year, a contribution of $450 million to the economy was made by 108 scrap vessels recycled under the supervision of the Ministry of Environment and Urbanisation. The contribution to the economy from 703 recycled vessels in the last five year is over $1.2 billion.

The ship recycling industry contributes to providing scrap raw material needs for the iron and steel plants and the rolling mills and reducing the import of waste raw material. Twenty-two ship recycling companies have been operating in Aliağa, Turkey’s ship dismantling site. The vessels, arriving in Turkey for dismantling, are inspected and registered. Then, the technical staff of the Ministry of Environment and Urbanization inspects the vessel on-site and checks if the dismantling site complies with the physical conditions.

Last year, 108 ships with steel weights of 855,000 tons were recycled. 14 percent of the steel weights were dry cargo vessels, 25 percent were platforms, 4 percent were tugboats, 1 percent were buoy-barges, 11 percent were tankers, 19 percent were cruise ships, and 26 percent were other vessels. Approximately $450 million was contributed to the economy with the recycling of 108 vessels.

In the last five years, the total contribution from 703 recycled ships to the economy exceeded $1.2 billion.

The shipbuilding recycling industry, which employed 300 workers directly last year, in conjunction with the subordinate ship industry, boat maintenance/repair industry, rolling mill, contractors, subcontractors, transporters, auxiliary services that emerged due to transformation indirectly employs nearly 10,000 people.

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