Korean Register has approved Grieg Green AS as a service supplier for Inventory of Hazardous Materials and we are now approved by all the major classification societies. Inventory of Hazardous Materials is one of the key requirements of both the Hong Kong Convention (HKC) and European Union Ship Recycling Regulation (EU SRR). The latter requires that ships flying the flag of a member or ships of a third country calling at a port or anchorage of a Member State shall have on board an IHM that complies with Article 5(2) of the EU SRR. In addition, the IHM shall be maintained throughout the life of the ship reflecting the installation of systems, equipment, insulation or other material. For existing ships, the survey shall be conducted by 31 December 2020, while newbuildings and vessels going for recycling shall comply with the regulation by the end of 2018. The purpose of the EU SSR, which also regulates recycling of ships, is to direct ships to recycling facilities that practice safe and environmentally sound methods of dismantling ships instead of substandard sites as is currently the practice. In addition, it aims to facilitate early ratification of the HKC both within the Union and in third countries by applying proportionate controls to ships and ship recycling facilities on the basis of that convention.