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About Us

Illeon International is a Canada-based cash buyer specializing in the acquisition of end-of-life vessels for responsible recycling. We work closely with shipowners, brokers and recycling yards across the Indian subcontinent to deliver secure, efficient and transparent transactions from negotiation through delivery. Our team brings more than two decades of experience in the global ship recycling industry.

Drawing on extensive commercial and industry experience, we provide secure and efficient solutions for the acquisition and recycling of end-of-life vessels. Every transaction is managed with a strong focus on regulatory compliance, commercial certainty and responsible recycling, delivering exceptional value to our clients.

Partner with Illeon for reliable, transparent and commercially efficient ship recycling solutions.

Our Recycling Market

India

India

India has a robust infrastructure and a well-established ecosystem of ship recycling yards, making it an ideal destination for recycling end-of-life ships.

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Bangladesh

Bangladesh

Ship recycling in Bangladesh is a thriving industry, gaining recognition for its efficient and cost-effective processes.

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Pakistan

Pakistan

Pakistan is home to approximately 100 yards, with around 40 currently operational.

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Green Recycling

Illeon supports environmentally responsible ship recycling by working with carefully selected recycling yards that continue to improve environmental performance, worker safety and compliance with international standards, including, where applicable, the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC).

We believe responsible ship recycling extends beyond commercial considerations. Every transaction is managed with a strong focus on regulatory compliance, operational transparency and environmentally sound recycling practices.

Illeon also supports industry initiatives that promote higher environmental, safety and operational standards across the global ship recycling sector.