In this episode of the Inside the Markets series from GMS Podcasts, we focus on Japan, a shipping market known for its steady approach, long-term relationships, and carefully planned fleet strategies.

Jamie Dalzell, Head of the GMS Singapore Office, speaks with Amit Malhotra, Head of the GMS Japan Office, about how Japanese shipowners are responding to the Hong Kong Convention (HKC), preparing for Inventory of Hazardous Materials (IHM) compliance, and planning future vessel recycling.

Key discussion points include:

• HKC enforcement and its impact on Japanese shipowners’ compliance timelines

• IHM preparation requirements, costs, and service options

• Yard availability and certification trends in the Indian subcontinent

• Market conditions driving potential recycling candidates such as PCCs, wood chip carriers, and LNG vessels

• How GMS structures flexible, value-driven deals for vintage assets

From changing PCC trade patterns to upcoming newbuild deliveries, Amit provides a clear view of where the next wave of Japanese recycling may come from and how GMS is supporting owners with planning, compliance, and execution.

Follow GMS Podcasts for updates from our teams in Japan, Korea, Greece, the Middle East, Germany, and other major shipping hubs.