The Ship Recycling Transparency Initiative

It is time for the maritime industry to join together and take action to make responsible ship recycling the norm.

SRTI 2019 Report available now!
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Press Release: Bunge Becomes First Agribusiness Company to Join the SRTI
Click here for more media resources

About the SRTI

Ship Owners

Register and share data on your approach to ship recycling on key disclosure criteria.

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Cargo Owners & Financial Stakeholders

Register and explore data on different companies’ approaches to ship recycling and make informed decisions.

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"An initiative like this has been a long time coming for the industry. I am proud of our history of ‘doing the right thing’ in recycling our ships following the adoption of the ground-breaking Hong Kong Convention almost 10 years ago and of the recycling yards we worked with over that period. Over the years there have been many inaccuracies reported on this issue and it has been difficult for customers, investors and other stakeholders to understand the real differentiation achieved by the best recycling yards in frequently maligned regions. So, taking the opportunity to join with the wider shipping industry to improve transparency in recycling methods was a no-brainer. The Ship Recycling Transparency Initiative (SRTI) will give all stakeholders the information required to know when and where best practices for safe and environmentally sound recycling are being used."
Mark Martecchini, President, Stolt Tankers