The Circular Maritime Economy (CME) is a vision for a maritime industry where resources are continuously tracked, reused, recycled and managed responsibly throughout their lifecycle. Unlike the traditional linear economy — where products are manufactured, used and discarded — the circular economy focuses on extending the value of materials and minimising waste.
In the maritime sector, this means understanding every material, component and product used onboard a vessel — from the moment it is manufactured until the vessel is dismantled and recycled.
The objective is simple: reduce waste, improve resource efficiency, enhance transparency and move towards a zero-waste maritime industry.