Bahrain’s Ministries and Maersk Collaborate on Ship Recycling MoU
Strategic MoU Signed for Sustainable Ship Recycling in Bahrain
A memorandum of understanding (MoU) was signed by Bahrain’s Ministry of Transportation and Telecommunications, Ministry of Industry and Commerce, and A.P. Moller – Maersk to evaluate and establish a ship recycling initiative in Bahrain. Strategic partners, including ASRY, SULB Company, and APM Terminals Bahrain, also participated. The Ministries will provide regulatory support, ASRY will equip the yard, Maersk will offer technical advice, and SULB will recycle the steel. This first-of-its-kind MoU in Bahrain aims to develop a ship recycling and green steel ecosystem, aligning with the Sustainable Development Goals and Bahrain’s Economic Vision 2030. Ministers highlighted the initiative’s role in promoting economic growth, sustainable practices, and carbon neutrality. The collaboration strengthens Bahrain’s position as a regional hub for sustainable ship recycling, addressing the industry’s greenhouse emissions and contributing to climate change efforts.
About Ministry of Transportation and Telecommunications (MTT)
Bahrain’s Ministry of Transportation and Telecommunications (MTT) develops and regulates the Kingdom’s transportation and telecommunications infrastructure, enhancing the quality of life and facilitating the movement of people and goods in line with the Economic Vision 2030.
About Maersk
A.P. Moller – Maersk is an integrated logistics company working to connect and simplify its customers’ supply chains. As a global leader in logistics services, the company operates in more than 130 countries and employs around 100,000 people. Maersk is aiming to reach net zero emissions by 2040 across the entire business with new technologies, new vessels, and green fuels.
