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

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.

- International Shipping Group & Trading, 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

- Besiktas, Turkey

We, Hanaro Shipping, as sellers, recently concluded the sale of M.V. “Mega Grace” (IMO 9009126) to principals of GMS in December, 2014. During the period between fixing and delivery the Indian sub-continent scrap market fell dramatically by almost USD 100/ldt yet still GMS performed flawlessly, professionally and without any delay or renegotiation.

We would therefore recommend GMS as the most safe, reliable and trustworthy counterparty for the same and purchase of vessels for recycling and would urge any other owners to work with them above any others for a smooth and successful transaction.

- Hanaro Shipping co., ltd

Sellers Seacon Ships Management Co.,Limited recently concluded the sales of MV Glory Nanjing (IMO 9002752) / Psu Second (IMO 8919350) and Glory Apollo (IMO 9072044) to principals of GMS from September to December, 2014. During the period between fixing and delivery the Indian sub continent scrap market fell dramatically by almost USD 100/ldt yet still GMS performed flawlessly, professionally and without any delay or renegotiation.

Sellers Seacon Ships Management Co.,Limited would therefore recommend GMS as the most safe, reliable and trustworthy counterparty for the sale and purchase of vessels for recycling and would urge any other owners to work with them above any others for a smooth and successful transaction.

- Seacon Ships Management

Having known GMS for many years and having sold them 5 ships in the last two years, we can attest to the efficient and professional business behaviors of GMS. They have proven themselves to be very cooperative in the good and in the bad/declining market and always respect the agreed terms and conditions of the MOA.

It is very rare to find an honest Cash Buyer in the sector of ship breaking, and GMS is a prime example of such. We are pleased to recommend GMS as a reliable Cash Buyer.

- DND Management



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