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GMS joins Maritime London

Posted on: 28 March 2022

Maritime London is delighted to welcome GMS as a member.

GMS is an innovator and leader in residual asset management and the ship and offshore recycling markets.

Established in 1992 in the USA, GMS is now the world’s largest buyer of ships and floating offshore assets for recycling. With over 4,000 deals concluded and offices and representatives in all of the major shipping and recycling markets worldwide, GMS is the only company in the world to offer end-to-end, high value, one-stop solutions.

GMS is also the first and only cash buyer to develop a comprehensive and value-driven Sustainable Ship and Offshore Recycling Program (SSORP) designed to meet the highest standards of Environmental, Social, and Governance (ESG) / Corporate Social Responsibility (CSR) in the ship recycling industry. The GMS SSORP provides an opportunity to recycle ships at high quality, certified yards globally.

GMS produces a weekly scrap market report, which is available in PDF format or if you prefer more context with a commentary, download GMS’s regular markets podcast: https://gmsleadership.podbean.com/.

What is Maritime London?

Maritime London – the promotional body for UK based companies providing professional services to the international shipping industry

Funded by over 100 companies and organisations from a wide range of disciplines, Maritime London ensures that the UK remains a world beating location to base a maritime related business. Maritime London’s mission is to promote the UK as the world’s premier maritime business centre.

Our core Maritime Services

The UK is home to a world beating array of professional maritime service providers. Maritime sectors include:

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