The recent EU Ship Recycling Regulation (EU SRR) and other existing conventions aimed to reduce harmful environmental and health impacts of ship shipbreaking, may push the shipbreaking industry further to South Asian countries, where ecosystem and public health are threatened due to the lack of monitoring for dirty beaching methods for ship breaking. Such unsustainable patterns may continue to expand due to the mismatch of economic beneficiaries and environmental costs in the shipbreaking industry, the ineffectiveness of existing conventions and regulations, and the prospect of a large number of ships to be dismantled in the near future. Our study focuses on the above emerging issues and raises the urgency of joint actions for the shipbreaking industry.