365 toxics-laden ships were sent for breaking by European shipowners to the beaches of South Asia in 2012...This number represents a 75% increase from 2011...The NGO Shipbreaking Platform is currently working with the European Parliament to introduce a financial mechanism that would help shipowners internalize the costs of proper disposal of the hazardous materials found in end-of-life vessels...China is another major destination of concern for end-of-life ships sold by EU-based shipowners....[the NGO] notes with continued concern...the absence of independent trade unions in China [and] the lack of proper downstream management of toxic residues such as PCBs...[Refers to MSC]