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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.
Notorious for environmental pollution and accidental death of workers in the yards till a decade ago, Alang in Gujarat is currently the greenest and safest ship-breaking hub globally. So, what changed?
In the first four months of 2021, the amount of oil product tanker capacity that has been sent for demolition has already reached the total amount of demolished capacity in each of 2019 and 2020 due to unfavourable freight rates. If that pace continues for the rest of the year, an 11-year record is set to be broken.
More Hong Kong Convention-certified yards, lower oil prices and higher residual values create ideal conditions for rig recycling, writes GMS Dubai senior trader Faidon Panagiotopoulos
Offshore Support Journal
Seatrade Maritime News
Arka Global Marine Services LLC
O'Keeffe & Partners
GMS handled themselves with great deal of integrity and professionalism in our most recent sale, including the extension of a cancelling ...Read more
Sellers is delighted by the smoothness of the negotiation and delivery. It's been a wonderful experience dealing with GMS and particu...Read more
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...Read more
Atlantic Container Line AB