The following video is brought to you courtesy of the Forbes YouTube Channel. Click the video below to watch it now.
Ship recycling is a multibillion-dollar global industry. But the majority of the world’s ships end up in just three yards in South Asia where the industry has been plagued by poor working conditions and pollution. These yards have seen some improvement though, and international legislation has the potential to dramatically improve working conditions and environmental standards.
0:50 Where ships are sent for recycling
2:27 Methods of shipbreaking
3:30 The risks facing workers
5:15 Safe and environmentally friendly recycling
6:57 Why shipowners don’t recycle in Europe
8:16 Regulating the shipbreaking industry
9:40 The future of shipbreaking
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.”