Near the port city of Chittagong in Bangladesh, lies one of the largest ship-breaking yards in the world.
The steel accounts for half of all the steel in Bangladesh.
The ship could not be refloated and so remained there for several years.
In 1965, Chittagong Steel House bought the ship and with the help of locals had it scrapped.
In 2008, there were 26 shipbreaking yards in the area, and in 2009 there were 40.
From 2004 to 2008, the area was the largest shipbreaking yard in the world.
The process begins after a ship-breaker acquires vessels from an international broker who deals in decommissioned ships.
A captain who specializes in beaching large craft is hired to deliver it to the breakers yard.
Then the machinery and fittings are stripped.
Ship-breaking is a profitable business in Chittagong.
Cheap labor and poor safety standards allows the profit margin to be kept high.
The workers themselves earn about four dollars per day.
Satellite picture showing a part of Chittagong Ship Breaking Yard.
