Skip to main content

Wreckdock unveils game-changing offshore recycling company; bares notable investment for the vessel dismantling and recycling industry

By: Get News
Wreckdock, an industry leader in responsible vessel recycling, announces the launch of a new innovative offshore recycling company and offers an early investment round of discounted shares for early-stage investors.

Wreckdock has announced it is offering an early investment round of discounted shares for early-stage investors at 15$ per share. The company recently drew attention over its bid to develop a safe and sustainable facility located in Saudi Arabia, including a fully serviced labor compound for its employees. 

"This is an exciting opportunity for investors looking to personally get involved and participate by supporting this world-class venture," says Erwin Jager, Wreckdock's Chief Executive Officer.

Based on the construction of four drydocks 350 meters long with eight quays where the team can use heavy-duty cranes, magnets, and other machinery tools, it can dismantle the end-of-life vessel within two weeks. After ship dismantling, Wreckdock follows strict rules and regulations to recycle all the raw materials and to trade them to the company's suppliers for a new life. The facility will be following Industrial requirements such as BIMCO Recyclecon, The Hong Kong Convention, and the EU's Ship Recycling Regulation.

According to Jager, every vessel starts with a vessel recycling project plan which includes a ship recycling facility plan where its team of experts details the recycling for every vessel, including the inventory report of hazardous materials. 

Wreckdock Vessel Recycling focuses on circular demolition, attempting to reuse the larger amount of demolition waste from the decommissioning project or convert it into raw material so that it can be traded to accredited customers. After every vessel, the team recycles a full and final recycling report, and a vessel recycling certificate will be administrated.

Through responsible waste management programs, Wreckdock Vessel Recycling can protect the environment from the pollution of oil, gasoline, and other chemical and unfriendly ecologic materials with a risk to the environment and stop the unresponsible dismantling and recycling of end-of-life vessels on beaches in Asia. 

According to Jager, all the oceans are connected, and by using the beach and the ocean for dismantling vessels, the results for the Eco life are extremely negative. Wreckdock expects to dismantle and recycle 48 end-of-life vessels annually in its new facility.


Wreckdock collects, processes, and recycles all released materials and resells them to international market parties. The firm includes the global trade and supply of steel products, financial buying and selling operations, and international trade in ferrous and non-ferrous metals and oil.

Those who want to stay informed about Wreckdock and check out its vessel recycling activities may visit for more information.

Media Contact
Company Name: Wreckdock Vessel Recycling
Contact Person: Media Desk
Email: Send Email
Country: Saudi Arabia

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.