IN THE NEWS
Shipowners on Pace to Scrap $1 Billion in Oil Tankers This Year.
Time is running out for EU to get its act together over recycling rule.
Total VLCC scrapping value could reach $1bn, says GMS chief executive.
Dr Anil Sharma: The Indian magnate that Greek Shipowners Love.
Prepare for 18 months of devastating uncertainty, Posidonia Roundtable hears.
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