IN THE NEWS
[Podcast] Maritime Sanctions Part II – will your data keep you compliant?.
Demolition sales boosted as average sale prices exceed $700 per light displacement tonne.
[Podcast] “Be patient” - container ship recycling will return.
Emissions cuts: Owners need to switch focus from asset plays to operating earnings.
Steel plate costs push ‘hot’ demo market close to 2008 highs.
Berge Bulk sells another capesize for scrap as steel prices climb.
[Podcast] EU ship recycling rules need ‘major surgery’, not a ‘band-aid’..
EU ship recycling rules need ‘major surgery’, not a ‘band-aid’.
More capesizes move to breaking yards as demolition prices climb.
Decarbonisation rules set to bail out tankers predicts finance guru Arntzen.
Established in 1992 in historic Cumberland, MD. (U.S.A), GMS is the world's LARGEST and FIRST ISO 9001 certified Cash Buyer of ships for recycling. With exclusive representatives in all of the major ship recycling markets in the world, GMS has negotiated about 3,500 ships for recycling since inception. In addition to its original office in the United States of America, the company continues to expand its operations with offices in Hamburg (Germany), Athens (Greece), Dubai (UAE), India (Bhavnagar), Singapore, Seoul (Korea), Shanghai (China) and Tokyo (Japan).
P.O. Box 346041, Suite 101,
Saba 1 Jumeirah Lake Towers, Dubai, UAE
P:+971.4.4230720
F:+971.4.4230721
E: gms@gmsinc.net