DO YOU HAVE A QUESTION?

Africa’s only Green Ship Recycling Company. 34South is a Development Company in partnership with the Industrial Development Corporation of South Africa Ltd (IDC) has the answers. 

DO YOU HAVE A QUESTION?

Africa’s only Green Ship Recycling Company. 34South is a Development Company in partnership with the Industrial Development Corporation of South Africa Ltd (IDC) has the answers. 

 

34South Frequently Asked Questions

General

What is Green Ship Recycling?

Green ship recycling is the environmentally responsible approach to decommissioning and breaking down an old ship into its recyclable components and dispose of any non-recyclable parts in an approved manner. Such “green” ship breaking methods reduces the amount of unmanaged waste and also keeps the toxic materials from entering the natural environment, such as beaches, thereby significantly reducing its impact on the environment. 

What the scrap metal be used for?

Multiple uses – exports; downstream local metal industry.

When will the facility open and be fully functional?

It is anticipated that the facility will open in 2024. 

What is the local demand for recycled steel plate and / or is export the main driver?

The local market is relatively small, and thus scrap metal is predominantly exported

Financial

Is the project live or in the feasibility stage?

Near completion of Bankable Feasibility stage.

Regulatory

What needs to be done for this facility to be EU approved?

Follow the regulations of the EU to ensure compliance from start of design and planning stages

How far is the Bamaka Convention relevant to a ship recycling facility located in Africa?

The Bamaka Convention is similar to the Basel Convention and intends to prohibit the export of hazardous waste to Africa. South Africa is however not a signatory to the convention and has therefore also not ratified the convention.

Environmental & Waste

How will downstream waste be managed?

Downstream waste will be managed in the same manner as EU and local standards. The facility will be built to comply with all EU and local regulations. EU & local authorities to do regular monitoring and inspections.