Testimonials

It's important to highlight the positive changes that have been brought about in ship recycling  and kudos to Dr. Anil Sharma for being a torch bearer and  leading the industry through his vision and foresight.
 
Wishing GMS all the very best in its initiatives and commitment to constantly enhancing the safety and quality standards in the recycling industry.

We wanted to express with sincere thanks receipt of the Progress Report to date in respect to the demolition programme of the MV XX under green Recycling Guidelines.
 
It is an extraordinarily comprehensive report and vividly evidences the remarkable achievement you and GMS have made in raising the standards of the Industry to provide a responsible and thoroughly professional demolition service.
 
Thankfully we are now far, far away from the early methods of scrapping ships  - which in many ways appear now barbaric - and arguably there are various sectors within the Maritime Industry which could benefit from following GMS's meticulous approach to applying “best practice” in respect to their procedures for ship demolition.

We Eurotankers Inc. being the managers / sellers of MT Nostos, herewith attest that Messrs GMS are one of the most trust-worthy, and eager companies in their field, specializing in serious and guaranteed beaching in Bangladesh and it was a pleasure to conclude with them the smooth delivery / beaching of our above vessel. Furthermore and most important, under the personal conduct of Mr. Anil Sharma, the quality of the services rendered to us were of the most professional standards.

In September 2016, Atlantic Container Line AB (ACL), a Grimaldi Group company, sold the Atlantic Concert, one of our five G3 multipurpose container/RORO vessels, for recycling to nominees of Global Marketing Systems, Inc. (GMS).. GMS have conducted themselves with professionalism and integrity in this transaction and have cooperated with us every step of the way. ACL's biggest concern was for our ship to be recycled at an ISO certified green recycling yard, and we were able to do that with GMS. ACL has sister ships of the Atlantic Concert which will be recycled in 2017. We will not hesitate for a moment to do business with GMS again. It has been a pleasure to work with a company like GMS, who does business with integrity and professionalism. We have no hesitation in recommending GMS as a partner to work with for ship recycling.

We hereby recommended GMS or nominees as trustworthy and reliable partners as buyers of container vessels. We have done several deals with GMS and can testify that communication, guidance and smooth operations are always the case when dealing with GMS. Additionally, payments were always made promptly and as agreed. Even in difficult conditions, such as in cases of minor wrong descriptions of equipment or higher bunker consumption and therefore lower bunker quantity at arrival due to search and rescue operations, GMS stood at what we have agreed upon in a reliable and professional manner.

We, Hanaro Shipping, as sellers, recently concluded the sale of M.V. “Mega Grace” (IMO 9009126) to principals of GMS in December, 2014. During the period between fixing and delivery the Indian sub-continent scrap market fell dramatically by almost USD 100/ldt yet still GMS performed flawlessly, professionally and without any delay or renegotiation. We would therefore recommend GMS as the most safe, reliable and trustworthy counterparty for the same and purchase of vessels for recycling and would urge any other owners to work with them above any others for a smooth and successful transaction.

We have been selling all our vessels to you since 1999 and despite the numerous sales your excellent performances are still amazing every new time. We would like to thank you once again for the very good co-operation and your clean performance during the last sale of our subject vessel and we look forward to continue our business relationship and our friendship for the years to come. We really look forward to our next business with GMS

We recently had our first transaction with GMS regarding delivery and beaching of one of our vessels to Pakistan. The deal was concluded in September 2014 for forward delivery during November. Despite that the market crashed during this time-frame and the asset lost about 10% of its value, dealing with GMS was the correct choice due to the integrity, professionalism and performance of their principals which resulted in having a very smooth and apparent delivery and beaching. The remittance of all payments were made in time, despite the market not favoring the resale of the vessel from the principals of GMS. Despite Buyers’ interests being jeopardized due to such negative market fluctuation, we did not even lose one penny from what was initially agreed. On top of that, due to an unfortunate error of our bank the balance payment was remitted back to the Buyers after the beaching had already taken place. Nonetheless, the integrity of the principals of GMS was once more evident and they remitted the funds immediately back to our account.

We have been doing business with GMS for several years now and have been extremely pleased with their business manners and performance, particularly in a declining market where a solid counterpart is of utmost importance. 

We have no hesitation in endorsing GMS as one of the best, if not the best, Cash Buyer in the market.