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For over 16 years now, every Monday GMS Weekly has brought you the most reliable and thorough information on the ship recycling industry for free to help you make educated decisions.
"Passion is the driving force behind any organisation, initiative or idea," says Dr Sharma when asked about the secret of success behind Global Marketing Systems (GMS). After more than 25 years in the industry, the CEO and founder of the world's largest buyer of ships and offshore assets for recycling cannot single out a day when he feels like slowing down.
Guilty until proven innocent is how the European Union views ship-scrapping yards in the Indian subcontinent, claims GMS chief executive Anil Sharma.
“Absolutely” is his response when asked whether Brussels is prejudiced towards subcontinent scrapping.
Individual states in Europe are charged with monitoring their own yards for inclusion on Brussels’ list of approved facilities for scrapping
European-flag tonnage. They are then included if they meet the EU regulation.
An outspoken critic of the European Regulation on Ship Recycling (SRR) has raised concerns over competition among recyclers in their bid to be included on the European Union list of approved facilities.
It comes as no surprise that the biggest cash buyer in ship recycling disputes the claim made by critics that shipbreaking is the world’s most dangerous job.
GMS founder and chief executive Anil Sharma has been in the business since the early 1990s, when he bought vessels from the US Maritime Administration on behalf of Indian recyclers.
Bangladesh market af????icted with ????nancial dif????culties, lower availability of US
dollars and problems with letters of credit, says Clarksons, as cash buyer GMS
reports that Pakistan yards will reopen for tanker demolition after ban is lifted
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