The Hong Kong Convention was established to develop systems responsible for the recycling of ship fleets worldwide, ensuring the adoption of minimum safety and environmental protection standards by contracting countries. Before 2019, only a total of six states signed off their entry into the convention. This included Panama, which in 2023 accounted for 15.9 percent of the global fleet in terms of deadweight tonnage. As of June 2023, 22 countries have ratified the convention, making it enter into force in June 2025.
Share of the global fleet registered by the contracting states of the Hong Kong Convention as of 2023, by country
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UNCTAD. (May 10, 2024). Share of the global fleet registered by the contracting states of the Hong Kong Convention as of 2023, by country [Graph]. In Statista. Retrieved February 16, 2025, from https://www.statista.com/statistics/1137407/global-fleet-share-hong-kong-convention-states/?__sso_cookie_checker=failed
UNCTAD. "Share of the global fleet registered by the contracting states of the Hong Kong Convention as of 2023, by country." Chart. May 10, 2024. Statista. Accessed February 16, 2025. https://www.statista.com/statistics/1137407/global-fleet-share-hong-kong-convention-states/?__sso_cookie_checker=failed
UNCTAD. (2024). Share of the global fleet registered by the contracting states of the Hong Kong Convention as of 2023, by country. Statista. Statista Inc.. Accessed: February 16, 2025. https://www.statista.com/statistics/1137407/global-fleet-share-hong-kong-convention-states/?__sso_cookie_checker=failed
UNCTAD. "Share of The Global Fleet Registered by The Contracting States of The Hong Kong Convention as of 2023, by Country." Statista, Statista Inc., 10 May 2024, https://www.statista.com/statistics/1137407/global-fleet-share-hong-kong-convention-states/?__sso_cookie_checker=failed
UNCTAD, Share of the global fleet registered by the contracting states of the Hong Kong Convention as of 2023, by country Statista, https://www.statista.com/statistics/1137407/global-fleet-share-hong-kong-convention-states/?__sso_cookie_checker=failed (last visited February 16, 2025)
Share of the global fleet registered by the contracting states of the Hong Kong Convention as of 2023, by country [Graph], UNCTAD, May 10, 2024. [Online]. Available: https://www.statista.com/statistics/1137407/global-fleet-share-hong-kong-convention-states/?__sso_cookie_checker=failed