Thursday, August 1, 2013


Being as controversial as it is, the practice of shipbreaking is relinquishing its role to more productive means of retiring used vessels. One of these means is ship recycling. One of the most prominent companies in this industry is GMS LeaderShip, a company with a global office disposition that conducts cash buys of ships in order to recycle them or sell them to other companies that do.
So far, GMS has negotiated the recycling of about 2,000 vessels, making them the premier company in the industry worldwide. They operate out of offices ranging from Bangledesh, India, Pakistan, Turkey, and Shanghai to Dubai and Romania. GMS stands out due to its exceptional Corporate Social Responsibility Standards (CSR). It has exhibited these many times over through its deals with other companies and its innovative solutions to ship recycling.
GMS has achieved numerous milestones over the last three years. These include: negotiating more than 100 ship buying deals over the last nine years, delivered 300 ships in one year, developed a Green Ship Recycling Program, and delivered 24 vessels in one month. For more information on GMS’ accomplishments, visit the following site: http://www.gmsinc.net/gms/aboutus.php.
In the coming years, GMS will be a significant partner for companies who want to exercise CRS and engage in disposal of vessels in a way that will not be harmful to the environment or the people who work to dispose of them or recycle them.

Source: http://globalseafreight.com/gms-offers-valuable-service-for-retired-vessels/

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