Testimonials

Chang Myung Shipping hopes for a long and strong relationship with GMS, which is the world’s best cash buyer.

We, EVER GLORY MARITIME COMPANY LTD. have countersigned MOA of our managed vessel named “MINBEI” with GMS on 6 May, 2016 and mutually agreed to deliver the aforementioned vessel to Alang port of Bangladesh on June 2016.

Although scrap price has fallen on June, GMS still strictly fulfilled the MOA. The vessel “MINBEI” has very smooth delivery finally.

Thanks again for your good performance on MOA implementation!

We can confirm that in April 2010, we sold our LPGC ‘Maori Venture’ built 1985 for demolition to nominees of Global Marketing Systems, Inc. with delivery in Singapore. The sale went ahead smoothly and if the opportunity arises in the future we would certainly consider GMS again as a potential buyer.

Sellers of subjected vessels recently concluded the enbloc sales of MV Hong Wei (IMO 8516251) Hong Hao (IMO 9073232) and Hong Peng (IMO 9073244) to principals of GMS in July, 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.

Sellers of subjected vessels would therefore recommend GMS as the most safe, reliable and trustworthy counterparty for the sale 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.

Having known GMS for many years and having sold them 5 ships in the last two years, we can attest to the efficient and professional business behaviors of GMS. They have proven themselves to be very cooperative in the good and in the bad/declining market and always respect the agreed terms and conditions of the MOA.

It is very rare to find an honest Cash Buyer in the sector of ship breaking, and GMS is a prime example of such. We are pleased to recommend GMS as a reliable Cash Buyer.

Sellers Seacon Ships Management Co.,Limited recently concluded the sales of MV Glory Nanjing (IMO 9002752) / Psu Second (IMO 8919350) and Glory Apollo (IMO 9072044) to principals of GMS from September to 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.

Sellers Seacon Ships Management Co.,Limited would therefore recommend GMS as the most safe, reliable and trustworthy counterparty for the sale 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 hereby would like to give a recommendation to GMS. The company has been highly recommended to us by several of our trusted contacts so we decided to work with them ourselves. During our dealing with GMS, we have learned that its reputation is well-deserved. The staff at GM are highly skilled, professional, and very supportive. In difficult situations, the company has proven that it is a top player in the recycling market, by assisting us with solving problems, when others would have walked away well before. GMS is eager to achieve a compromise/solution that is best suited for both parties rather than to unfavorably benefit themselves at the expense of the ship owner.

Sellers is delighted by the smoothness of the negotiation and delivery. It's been a wonderful experience dealing with GMS and particularly with you so far. Hopefully we could work together again in the future.

GMS handled themselves with great deal of integrity and professionalism in our most recent sale, including the extension of a cancelling date in a falling market. 

There were no attempts made to renegotiate the price even though they were facing a substantial loss. It is impressive to see Buyers who still value their credibility more than the negative financial implications.

Your support throughout was excellent and we thank you again for an excellent performance from the whole team at GMS.