In an annual editorial on the ship recycling business, Dr. Nikos Mikelis, non-executive director of cash buyer GMS, analyzes the European Union’s ship recycling regulation and reviews possible future improvements. He also discusses the role of the Hong Kong Convention and groups like the NGO Shipbreaking Platform in global recycling activity, as well as various legal developments in the industry. Read Mikelis’ 2019 article at The Maritime Executive.