- Carl Jung (via shaktilover)
The poorly regulated ship breaking industry in Bangladesh is estimated to generate annual revenues of $1.5 billion. Globally some 700 ocean-going vessels are scrapped each year, and more than 100 of them are scrapped in Bangladesh.
One of the largest sites is located at a beach north of the city of Chittagong in Bangladesh. Decommissioned ships are abandoned at the shores, and left for scavengers. Some of the ships are 350 meters long and weigh up to 15,000 tons. Such beach-front operations are prohibited and illegal in most countries.
Ship breaking generates a lot of jobs, and it is estimated that some 30,000-50,000 people are directly employed in the ship breaking industry in Bangladesh. Additionally, another 100,000 are indirectly involved in the business.
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