GMS is the world’s largest buyer of ships and offshore assets for recycling. We help our clients achieve their residual value expectations and ensure the safe and environmentally sound recycling of their vessels. We offer free training to recycling yard workers in India, Pakistan and Bangladesh through our Sustainable Ship and Offshore Recycling Program. GMS Podcasts channel offers a weekly take on the shipping markets, vessel residual values, and ship recycling.
All content for GMS Podcasts is the property of GMS and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
GMS is the world’s largest buyer of ships and offshore assets for recycling. We help our clients achieve their residual value expectations and ensure the safe and environmentally sound recycling of their vessels. We offer free training to recycling yard workers in India, Pakistan and Bangladesh through our Sustainable Ship and Offshore Recycling Program. GMS Podcasts channel offers a weekly take on the shipping markets, vessel residual values, and ship recycling.
GMS Weekly Podcast | Week 44 Ship Recycling Market Recap: “Halloween November?” Global Tonnage Tumbles, Currencies Slide, and Sentiment Sinks
GMS Podcasts
3 minutes
2 months ago
GMS Weekly Podcast | Week 44 Ship Recycling Market Recap: “Halloween November?” Global Tonnage Tumbles, Currencies Slide, and Sentiment Sinks
In this Week 44 edition of the GMS Weekly Podcast titled “Halloween November?”, global ship recycling markets ended October on a somber note as the Baltic Dry Index and oil prices slipped, currencies weakened, and sentiment across India, Bangladesh, Pakistan, and Turkey remained fragile. Limited tonnage, discounted sanctioned vessels, and political uncertainty continued to haunt the industry, while a few bright spots such as growing HKC yard accreditations in Bangladesh offered some hope amid the gloom.
GMS Podcasts
GMS is the world’s largest buyer of ships and offshore assets for recycling. We help our clients achieve their residual value expectations and ensure the safe and environmentally sound recycling of their vessels. We offer free training to recycling yard workers in India, Pakistan and Bangladesh through our Sustainable Ship and Offshore Recycling Program. GMS Podcasts channel offers a weekly take on the shipping markets, vessel residual values, and ship recycling.
