A Catalyst For Sustainable Industry Change. Our journey began with a simple mission: to blend cutting-edge technology with local expertise and build a world-class recycling hub. Today, a skilled team of over 500 professionals prioritizes safety, innovation, and community welfare. From our strategic location in Bangladesh, we serve global clients by transforming ships into reusable steel, components, and materials, contributing to a circular economy.
From foundation to full certification
In under two years, KR Steel has gone from a new yard to a facility verified against the Hong Kong Convention by three classification societies and certified across four ISO management systems.
KR Steel established
Founded in Bangladesh to recycle end-of-life vessels in full alignment with the Hong Kong Convention.
IRClass Statement of Compliance
Hong Kong Convention compliance verified by the Indian Register of Shipping.
Ship Recycling authorisation (DASR)
Document of Authorisation for Ship Recycling granted to the facility.
Bureau Veritas Statement of Compliance
Hong Kong Convention compliance verified by Bureau Veritas.
ISO management systems certified
ISO 9001, 14001, 45001 and 30000, covering quality, environment, occupational health & safety, and ship recycling.
ClassNK Statement of Compliance
Hong Kong Convention compliance verified by ClassNK.
To be the leading provider of sustainable ship recycling services, recognized for our commitment to safety, environmental responsibility, and customer satisfaction.
What Sets Us Apart
Environmental Stewardship
Advanced pollution controls and waste management systems that measurably reduce our carbon footprint.
Worker Well-Being
Facilities that exceed international safety standards, with training and protective measures for every employee.
Global Recognition
Certified under the Hong Kong Convention — part of a network of responsible recyclers worldwide.
Our Core Values
Safety First, Always
Every life is precious. Operations are meticulously designed to ensure the highest safety standards for our workforce and community.
Environmental Stewardship
Processes engineered to protect the environment, from hazardous material management to responsible waste disposal.
Unwavering Integrity
We operate with transparency and adhere to global best practices on every project, with the utmost ethical standards.
Innovation & Efficiency
Continuous investment in technology and methodology to deliver superior value across our recycling processes.
How We Do It
A systematic approach that sets us apart at every stage of the recycling lifecycle.
Pre-Recycling Assessment
Thorough vessel evaluation and hazardous material inventory before any work begins.
Safe Decommissioning
Controlled dismantling with full safety protocols and environmental containment.
Innovative Recycling
Processes that maximize material value while minimizing waste.
Fast Turnarounds
Expert project planning and logistics that minimize laytime and costs.
Material Traceability
Every beam, bolt, and gram of steel tracked from vessel to reuse.
Environmental Safeguards
Zero-discharge systems protecting marine and coastal ecosystems.
People First
A zero-accident mindset with continuous safety training and protective equipment.
Sustainability Driven
Operations engineered for minimal carbon footprint and maximum resource recovery.
Client Satisfaction
Transparent commercials, competitive returns, and dedicated project support.
Our Commitment
A Partner
Helping you achieve your sustainability and compliance objectives through collaborative, transparent processes.
A Guardian
Protecting our workforce and the local environment at every step with rigorous safety and environmental protocols.
A Pioneer
Transforming ship recycling into a model of green industry through innovation and best practices.