While we will have secured sufficient tonnage to be recycled in the above manner, we will be able to optimize the recycling process by introducing as many innovations as possible to improve efficiency.

The main fields in which to introduce this will be the yard logistics and the way the vessels are transformed into heavy melting scrap (HMS).This will all be based on a well-engineered lean production process from Ship to Scrap.

The underlying principle will be our desire to be compliant with the most stringent rules and regulations, such as EU SRR, so that we will have zero spill into the environment and the minimum (certified) waste disposal, all of this with a great care for the social wellbeing and short and long term health effects of our workers and the workers of our partners.

By the end of this planning period 2020-2027 we want to recycle 25 vessels of an average of 11.000 LTD at two recycling facilities, one facility West and one facility East of the Suez Canal totaling abt. 50 vessels a year, resulting in 750.000 tons of Steel Scrap per year, plus up-cycled machinery and equipment.