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References
Associated Shipbroking, Monaco

"Many thanks again for your splendid cooperation throughout this deal and
again I must stress the absolute first class performance of GMS that has
left a remarkably positive impression with Owners and all of us here at
ASM."
Chang Myung Shipping, South Korea

"Chang Myung Shipping hopes for a long and strong relationship with GMS, which is the worlds best cash buyer."
Hanjin Shipping, Seoul, South Korea

"We sold our first Bulk Carrier for recycling to GMS in early May 2012, with a two month forward delivery. Thereafter, the markets fell sharply due to various reasons (monsoons, depriciation of the Rupee, oversupply of tonnage). Even though GMS suffered huge losses resulting from the drop in demolition prices, we found an amicable solution and deal was completed without any problem. Hanjin SHipping is happy to work with GMS and look forward to future business opportunities with them."
International Shipping Group & Trading, Istanbul, Turkey

"We hereby would like to give a recommendation to GMS. The company has been highly recommended to us by several of our trusted contacts so we decided to work with them ourselves. During our dealing with GMS, we have learned that its reputation is well-deserved. The staff at GM are highly skilled, professional, and very supportive. In difficult situations, the company has proven that it is a top player in the recycling market, by assisting us with solving problems, when others would have walked away well before. GMS is eager to achieve a compromise/solution that is best suited for both parties rather than to unfavorably benefit themselves at the expense of the ship owner."
Besiktas, Istanbul,Turkey

"We have been selling all our vessels to you since 1999 and despite the numerous sales your excellent performances are still amazing every new time. We would like to thank you once again for the very good co-operation and your clean performance during the last sale of our subject vessel and we look forward to continue our business relationship and our friendship for the years to come. We really look forward to our next business with GMS."
Eastern Mediterranean Maritime Ltd., Greece

"We highly recommend GMS for ship recycling, being a very reliable, experienced and well organized company. It was our first sale into Bangladesh and GMS made it very simple. They guided us through every step and even paid for the vessel before delivery. It was a plesure dealing with GMS."
BW GAS, Norway

"BW Gas has sold several vessels to GMS in the past. We are very pleased with the performance of GMS, and based on our experience to date, we can recommend them to any others who are considering the sale of their older vessel(s) for recycling without hesitation."
Dynacom Tankers Management Ltd., Greece

"In March 2000, our principals sold their first vessel for recycling to nominees of Global Marketing Systems, Inc. (GMS). Since then a good number of vessels with a total LDT of over 218,000 tons has been negotiated with nominees of GMS.

GMS have conducted themselves with professionalism and integrity in each of these transactions; even in the most difficult circumstance. A recent example of GMS performance was our sale during May 2002 in Bangladesh. The market suddenly and unexpectedly was heavily crashed, leaving nominees GMS with a great exposure. Notwithstanding this fact, the nominees of GMS really performed according to the MOA and the deal was completed without any renegotiations, even though we understand that the end-buyers provided plenty of opportunity to do so.

Trying times in business are a true test of a company's integrity and credibility. We must admit that GMS came through in all situations with remarkable performance. We have several years of time tested experience in this business and we have absolutely no hesitation in recommending GMS as one of the best performer we have dealt with."


Cyprus Maritime Co. Ltd., Kifissia, Greece

We have been doing business with GMS for several years now and have been extremely pleased with their business manners and performance, particularly in a declining market where a solid counterpart is of utmost importance.

We have no hesitation in endorsing GMS as one of the best, if not the best, Cash Buyer in the market."
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