How Rich Nations Dump Old Cruise Ships And Oil Tankers In Developing Countries | Risky Business

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Gadani is the world's third biggest shipbreaking hub. But many ships come there illegally from Europe, the Middle East, and China. We went to Pakistan to figure out why international laws are being ignored. Editor's Note: A previous version of this video incorrectly stated Mohammad Ashraf's method of cutting metal. He is using gas cutting, also known as oxy-fuel cutting, which does not require electrical power. Also, at 12:57, the caption incorrectly states the amount paid to the families of deceased workers. Rizwan Farooqi says they pay 2,100,000 PKR per worker, which is equivalent to about $7,500. 00:00 - Introduction 01:35 - Where Workers Live 03:09 - How Ships Get Broken Down 05:40 - Governing Toxic Ship Waste 07:25 - Loopholes In The Law 09:30 - Other Shipbreaking Countries 09:59 - New Laws 13:51 - Cost Of Getting Ships To Gadani 15:34 - Metal-Recycling Factories 18:02 - Future Of Shipbreaking 18:49 - Credits ------------------------------------------------------ #shipwreck #ships #businessinsider #riskybusiness MORE VIDEOS: How Toxic Century-Old Oil Wells Trap Thousands Of Workers In Java | Risky Business https://www.youtube.com/watch?v=NwKWXDyRvMY 16 Dangerous Jobs Around The World | Business Insider Marathon https://www.youtube.com/watch?v=OLxbAW9Cid0 Why Miners Risk Their Lives To Get Sulfur From An Active Volcano | Risky Business https://www.youtube.com/watch?v=E0WT1HtB-Sc Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit our homepage for the top stories of the day: https://www.businessinsider.com Business Insider on Facebook: https://www.facebook.com/businessinsider Business Insider on Instagram: https://www.instagram.com/businessinsider Business Insider on Twitter: https://www.twitter.com/businessinsider Business Insider on Snapchat: https://www.snapchat.com/discover/Business_Insider/5319643143 Business Insider on TikTok: https://www.tiktok.com/@businessinsider How Rich Nations Dump Old Cruise Ships And Oil Tankers In Developing Countries | Risky Business