UK P&I Club publishes guide to IHM compliance

The UK P&I Club has published a guide for ship owners to ensure compliance with the Inventory of Hazardous Materials legislation. Covering the technical aspects, concepts, processes and requirements of the IHM, the guide aims to ensure compliance with the existing regulations and reduce the likelihood of reputational risks.

The IHM is an important tool when the vessel has reached the end of its useful life and the recycling operation is being planned. It is used when a ship recycling plan is compiled, to ensure minimal environmental impact and safe working conditions in the recycling or scrapping yard.

Loss prevention director, Stuart Edmonston said: “This guide is a valuable asset for ship-owners and is designed to inform and raise awareness of the critical issues around the current ship recycling legislation. It’s vital to comply with the Inventory of Hazardous Materials, and failure to do so can lead to costly litigation, both from a financial and reputational perspective for all involved.”

Over the last decade international and regional ship recycling legislation has been adopted, some of which is already in force. The IMO Hong Kong Convention and the European Union Ship Recycling Regulation are two key pieces of such legislation. A cornerstone in both the Hong Kong Convention and the EU Ship Recycling Regulation is the IHM.

    Share Story:

YOU MIGHT ALSO LIKE


The Future of Risk & Resilience with AI & Data
CLDigital's Co-Founder, Tejas Katwala, joins CIR Magazine to discuss how CLDigital is transforming enterprise risk and resilience. By integrating business processes, AI and data-centric strategies, organisations can move beyond compliance to proactive risk management – simplifying operations, strengthening resilience, and driving business performance. Listen now to explore the future of intelligent risk management.

Investec is disrupting premium finance – Podcast
Investec made waves in entering the premium finance market, where listening and evolving in response to brokers made a real difference.

Advertisement