Established in 1992, GMS is the world's largest buyer of Ships, Rigs, and Off shore assets for recycling.

• GMS has commercially negotiated about:
  • 3,500 commercial vessels and offshore units
  • 31% of the Total LDT recycled in the Indian Sub-continent during 2016
  • The largest number of rigs for recycling
  • 65% of the vessels which were offered for responsible ship recycling in India
• Our GMS WEEKLY is the most quoted and longest report in the Vessel Recycling Industry.
• GMS is the only cash buyer in the world that has developed a core team of some of the leading experts in the world to assist owners with the requirements of the Hong Kong Convention for safe and responsible recycling of ships. This comprehensive expertise includes:
  • Regulatory requirements
  • Vetting of yards
  • IHMs, SRPs, FMPS
  • Auditing
  • Certificates of compliance
  • Advisory services
  • Mitigation of legal and headline risks
  • With multiple offices across the world including U.S.A,Germany, U.A.E, Singapore, China, Japan, Greece, and South Korea and exclusive representative offices in India, Bangladesh, Pakistan and Turkey.
  • To have developed Responsible Ship Recycling Program together with an IACS Classification Society.

• GMS is now the first and only cash buyer in the world, to report on the 'Carbon Footprint' of every single vessel that is being recycled under the company's responsible recycling program, from the point of beaching until the completion of the recycling process.
• GMS remains the first and only cash buyer in the world to conduct regular risk assessment workshops for workers at its partnered ship recycling yards, as well as, it provides guidance and training to the recycling yards in both Alang & Chittagong. GMS helps those yards upgrade their recycling facilities to international standards, at no cost to the yards.
• GMS is the only cash buyer in the world to collaborate with an IACS-member Classification Society (IR Class) to develop one-of-a-kind train-the-trainer program to develop skills of the work force of the entire ship recycling industry in Alang, India.
• For the last eight years in a row (2010 - 2018) Dr Anil, Sharma, Founder and CEO of GMS, has being recognized in the "Lloyd's List Top 100 Most Influential People in Shipping."