Recycling Strategy
Disposal-options analysis, market timing, route & yard selection, exit-value optimisation across the owner's fleet.
Independent advisory
Clarity, before commitment.
Expert advisory across recycling strategy, yard due-diligence, regulatory pathway, P&I and classification society coordination, IHM verification and bespoke transaction structuring.
Service 01
Ship recycling investment & feasibility consultancy.
DUX Shipping provides consultancy services for investors and companies planning to enter the ship recycling sector. Our support includes feasibility assessments, operational planning, market evaluation and guidance on regulatory and infrastructure requirements.
With practical industry experience and direct market exposure, we help clients evaluate opportunities realistically and structure projects with a long-term operational perspective.
Typical engagements
- Greenfield recycling-yard feasibility studies
- Operational planning & capacity modelling
- Market entry & positioning strategy
- Regulatory & infrastructure roadmap
- Investor due-diligence support
We help investors evaluate the recycling sector with the realism that only direct market experience provides — no theoretical projections, no inflated expectations.
Service 02
Documentation & compliance support.
Ship recycling projects require extensive technical and regulatory documentation. DUX Shipping assists clients in obtaining and coordinating essential documentation required by authorities, class societies and recycling regulations.
Our support includes:
- Inventory of Hazardous Materials (IHM)
- Gas Free Certificates
- Radioactive Free Certificates
- Recycling-related technical documentation
- Coordination with authorized service providers and inspectors
We help ensure documentation processes are managed efficiently, accurately and in line with applicable requirements.
Recycling projects live and die by their paperwork. Our role is to make sure every certificate, inventory and approval lands on time, in the right format, with the right authority.
Service 03
EU Ship Recycling Regulation & EU approval consultancy.
DUX Shipping supports recycling yards and maritime stakeholders during the preparation process for compliance with the European Ship Recycling Regulation (EU SRR).
Our consultancy services include:
- EU approval preparation support
- Gap analysis and operational assessment
- Documentation and procedural guidance
- Preparation for EU inspection processes
- Support regarding EU Listed Facility requirements
We assist clients in understanding and navigating the technical and operational expectations required for EU compliance and long-term regulatory alignment.
Becoming an EU-listed facility is a multi-year, multi-stakeholder process. We bring the structure, the checklists and the regulatory fluency to take yards from intent to inclusion.
Who we advise
Independent counsel for the stakeholders of an end-of-life vessel.
DUX provides independent advisory to shipowners, operators, P&I clubs, insurers, lenders and authorities navigating the commercial and regulatory complexity of ship recycling.
Whether the vessel is a routine end-of-life case or a distressed, arrested or insurance-driven scenario, our team helps clients make informed, defensible and commercially sound decisions.
Typical engagements
- Shipowners planning fleet renewal and disposal strategy
- P&I clubs and insurers managing total-loss or wreck removal scenarios
- Banks & lenders with end-of-life tonnage as collateral
- Authorities and class societies requiring expert input on recycling pathways
On the groundIndependent counsel, informed by yard-level reality
We sit on the same side of the table as our clients — independent of any single recycling yard or buyer — so the advice you receive is the advice you need.
Advisory areas
Six focused practice areas, fully integrated.
Yard Due-Diligence
Independent assessment of recycling facilities — certification review, site visits, safety performance and audit history.
Regulatory Pathway
Hong Kong Convention, EU SRR, Basel Convention and flag-state requirements — mapped to your vessel and timeline.
IHM Verification
Inventory of Hazardous Materials review, third-party verification coordination and Statement of Compliance support.
P&I & Class Coordination
Liaison with P&I clubs, classification societies, flag administrations and authorities throughout the transaction.
Transaction Structuring
Bespoke commercial structures — As-Is-Where-Is, cash buyer, distressed sale, escrow arrangements and payment security.
Engagement model
From quick second-opinions to full project mandates.
Engagements range from a single advisory call to long-term retained relationships across an owner's fleet. Typical engagement formats include:
- One-off advisory calls or written opinions
- Vessel-specific recycling strategy reports
- Full project mandates (advisory + brokerage)
- Retained advisory across multiple vessels
- Expert input for distressed / casualty cases
Why DUX advisory
Independent, hands-on, commercially fluent.
Over a decade inside the recycling market — across EU and non-EU jurisdictions, standard and distressed scenarios. We combine:
- Real-world transaction experience, not desk-only theory
- Direct yard relationships & on-the-ground intelligence
- Independence from any single yard or cash buyer
- Transparent communication and clear deliverables
Request advisory
Need a second opinion?
Share the scenario you're working through — fleet renewal, distressed tonnage, IHM, yard selection or commercial structuring. We'll respond within one business day with a scoped advisory proposal.