Secretary General and director ISRA visited the Dutch NIBC bank. This bank, together with other banks (amongst them ABN/AMRO, ING, SEB and DNB), are active in formulating a finance policy concerning ship recycling, resulting in a document: ”Responsible Ship Recycling Standards (RSRS)”.

Michael de Visser, Global Head of Shipping & Intermodal, in an earlier press statement: “Our discussions with shipowners on RSRS ensure that their interest and willingness to embrace responsible ship recycling standards, is already initiated in an early stage of the life-cycle of a ship”.
ISRA embraces this initiative by the banks, since shipowners play a crucial role in the sound and safe recycling of ships. ISRA will stay in close contact with this initiative and is looking for an active participation.