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“The industry accepts its responsibility to promote the safe and environmentally sustainable disposal of ships in the world’s ship recycling yards, the majority of which are located in developing countries,” said ICS Secretary General, Peter Hinchliffe. “Adherence to these Transitional Measures should be seen as a sign of good faith prior to the entry into force of the IMO regime. But they will also help companies avoid falling foul of the separate EU ship recycling regime which started to take effect on 31 December and which is also relevant to ships flying non-EU flags.”