(Written by Jim Mulrenan)
1 March 2013 - The big French group Veolia Environment is planning a huge $160m industrialised ship demolition facility in southern China.
The project is being reported by the Chinese Xinhua news agency as a major step forward towards in ‘green’ recycling of elderly vessels.
The facility to be built in the port city of Jiangmen in Guangdong will demolish up to 800,000 light displacement tonnes according to Xinhua which if an annual throughput represents a huge scrapping capability.
This amounts to the scrapping of about 30 VLCCs a year.
Veolia quoted on the Paris and New York stock exchanges grew out of a French water company but is today a large multinational with extensive waste management operations.
The company owns Bartin Recycling Group recycling 780,000 metric tons of metal a year.
Bartin has experience of ship, offshore installation and aircraft scrapping.
A notable project was Bartin’s 2009 demolition of the 9,750-dwt reefer Matterhorn (built 1985) seized by the French authorities following an oil spill.
Oil and other liquids were removed from the vessel and a systematic tear down of the vessel conducted in a Bordeaux dry dock.
Veolia is involved in marine waste management and has dedicated vessels to tank cleaning and related services.
The group also has extensive ferry and land transport interests.
Veolia has not so far responded to a TradeWinds request for more information.