Tanker recycling may hit a multi-decade high, says Dr. Anil Sharma, Founder & CEO of GMS in this Bloomberg article… https://t.co/NtwZMAF1uC

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In honor of the first ship to be recycled in Bangladesh according to @IMOHQ HKC standards arriving today, take a lo… https://t.co/F67JlIKGla

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In only 5 months, the EU Ship Recycling Regulation will have massive implications on the industry unless we ACT and… https://t.co/jknQIzT382

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Bangladesh yards are well on their way to becoming HKC compliant...inspirational to see the South Asian ship-recycl… https://t.co/KsdkajQnnS

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Declining markets in Southeast Asia, stability in Turkey and more industry commentary in this week's GMS Weekly at… https://t.co/Y6zabCfxrz

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References

GMS handled themselves with great deal of integrity and professionalism in our most recent sale, including the extension of a cancelling date in a falling market. 

There were no attempts made to renegotiate the price even though they were facing a substantial loss. It is impressive to see Buyers who still value their credibility more than the negative financial implications.

Your support throughout was excellent and we thank you again for an excellent performance from the whole team at GMS. 

 

- Braemar

Sellers is delighted by the smoothness of the negotiation and delivery. It's been a wonderful experience dealing with GMS and particularly with you so far. Hopefully we could work together again in the future.

- Andhika SNP Team

In September 2016, Atlantic Container Line AB (ACL), a Grimaldi Group company, sold the Atlantic Concert, one of our five G3 multipurpose container/RORO vessels, for recycling to nominees of Global Marketing Systems, Inc. (GMS).. GMS have conducted themselves with professionalism and integrity in this transaction and have cooperated with us every step of the way.

ACL’s biggest concern was for our ship to be recycled at an ISO certified “green” recycling yard, and we were able to do that with GMS.

ACL has sister ships of the Atlantic Concert which will be recycled in 2017. We will not hesitate for a moment to do business with GMS again.

It has been a pleasure to work with a company like GMS, who does business with integrity and professionalism.

We have no hesitation in recommending GMS as a partner to work with for ship recycling.

- Atlantic Container Line AB

We, EVER GLORY MARITIME COMPANY LTD. have countersigned MOA of our managed vessel named “MINBEI” with GMS on 6 May, 2016 and mutually agreed to deliver the aforementioned vessel to Alang port of Bangladesh on June 2016.

Although scrap price has fallen on June, GMS still strictly fulfilled the MOA. The vessel “MINBEI” has very smooth delivery finally.

Thanks again for your good performance on MOA implementation!

- Ever Glory Maritime Company Ltd.

We, Hyundai Merchant Marine Co., Ltd. would hereby recommend Messrs GMS Inc. or nominees as solid and reliable partners for the recycling of older vessels. Prompt payment, coupled with smooth and timely deliveries whilst providing first class feedback, guidance and top dollar pricing made dealing with GMS a pleasure, and We, Hyundai Merchant Marine Co., Ltd would have no objection in recommending them to others.

- Hyundai Merchant Marine



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