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Ship recycling is a multibillion-dollar global industry. But the majority of the world’s ships end up in just three yards in South Asia where the industry has been plagued by poor working conditions and pollution. Several yards in this region have seen significant improvement and modernization though, and international legislation has the potential to further improve working conditions and environmental standards. 0:00 Intro 0:50 Where ships are sent for recycling 2:27 Methods of shipbreaking 3:30 The risks facing workers 5:15 Safe and environmentally friendly recycling 6:57 Why shipowners don’t recycle in Europe 8:16 Regulating the shipbreaking industry 9:40 The future of shipbreaking Subscribe to FORBES: https://www.youtube.com/user/Forbes?s... Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: / forbes Forbes Video on Instagram: / forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.