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  • In this Thursday, Dec. 27, 2012 photo, Indian workers use a torch to breakdown ship parts for recycling as scrap at a ship breaking yard in Mumbai, India. Most of the ship breaking yards are in developing countries with largest yards in Pakistan, India, Bangladesh and Turkey. This is due to lower labor costs and less stringent environmental regulations dealing with the disposal of lead paint and other toxic substances.

    In this Thursday, Dec. 27, 2012 photo, Indian workers use a torch to breakdown ship parts for recycling as scrap at a ship breaking yard in Mumbai, India. Most of the ship breaking yards are in developing countries with largest yards in Pakistan, India, Bangladesh and Turkey. This is due to lower labor costs and less stringent environmental regulations dealing with the disposal of lead paint and other toxic substances.