Jamie Dalzell talks about the introduction last week of a USD 5 million limit on Letters of Credit (LCs) in Bangladesh. He considers the impact the financial restriction will have on recycler
Amit Malhotra shares his views on the state of the recycling market with analysis of why prices are levelling off around US 600/ldt, down from the earlier peak of USD 700/ldt. He provides ins
As the debate over fuel transition heats up, we speak to veteran ship finance lawyer Harry Theochari about financing shipping’s journey towards net zero.
With Bangladesh more or less closed for business and Pakistan effectively out of the market following a dire performance on contracts, it is perhaps fortunate that shipowners are choosing to
GMS is the world’s largest cash buyer of ships and offshore assets for recycling. We help our clients achieve their residual value expectations and ensure the safe and environmentally sound d
Mr Arntzen makes his comments on a new maritime industry podcast being launched by leading cash buyer GMS. The podcast goes live on February 22nd on Apple, Google and Spotify.
Mr ...
The EU Ship Recycling Regulation needs “major surgery”, but the current proposals offer little more than a sticking plaster, says Gudrun Janssens, Head of Environmental & Technical Affairs, Royal Belgian ...
GMS’ weekly round up of the ship recycling markets in India, Pakistan, Bangladesh and Turkey. 10 minutes or less of the key talking points covering demo prices, trends and notable vessel disposals. This ...
GMS’s latest podcast is an insightful conversation with Julian Clark, Stephen Askins and Prachi Shah about how shipping is adapting to the latest “completely unprecedented” maritime and financial ...
This week Jon Chaplin talks to GMS Trader Faidon Panagiotopoulos about record prices, end buyer hesitancy, market corrections, why more ships are not coming to the market, and much more.
This week Jon Chaplin talks to GMS Senior Trader Vagelis Chatzigiannis about the challenges of scrap price volatility, market corrections, a return to confidence in Alang, and the reasons for prices edging ...
In its latest podcast, GMS talks to leading shipping barrister James M. Turner QC of Quadrant Chambers about the challenges associated with scrapping large vessels and the moves towards better standards ...
This week Jon Chaplin talks to GMS Trader Kamal Datta about the “plummet from the summit” in Bangladesh, the Indian recycling roller coaster, a resurgent Pakistan and the impact of the Russia. GMS’ ...
Container market analyst Peter Sand on what’s driving the box ship market, the impact of China’s Shanghai lockdown, how shippers are now adapting to a sustained period of inflated freight rates, and ...
Demo prices and analysis from the key ship recycling locations of India, Bangladesh, Pakistan and Turkey. This week we hear from GMS Trader Kiran Thorat on what is driving prices up in India, what to expect ...
A fresh look at the use of AI data to help avoid sanction headaches, counterparty due diligence, establishing an appropriate level of evidence, ESG (moral sanctions – self-regulation) and the role of ...
Subcontinent markets have taken a turn for the worse this week as collapsing steel prices in India and Eid holidays in Pakistan, Bangladesh and Turkey have led to weaker sentiment and virtually no new ...
After another challenging trading week for the ship recycling markets, we talk to GMS Trader Chenjie Zhu about the impact of a widening price expectation gap between owners and recyclers, and the long ...
Senior GMS Trader Simos Dimitriou reveals how the ongoing sub-continent collapse in prices fully materialized this week during a frank conversation with Jon Chaplin on the GMS Podcast. He talks about ...
Reflecting on an extraordinary week of Posidonia, senior GMS traders Faidon Panagiotopoulos & Evangelos Chatzigiannis offer their views of the event and the wave of uncertainty washing over the demo market. ...
Following a period of around 18 months of relative stability, the market hit a month of severe turbulence. Are the bumps evening out now, or should seatbelts remain tightly fastened? Senior trader from ...
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