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.
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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.
In this Week 46 edition of the GMS Weekly Podcast, Grace and Ryan unpack the latest global ship recycling market trends as steel prices fall, the U.S. Dollar strengthens, and vessel supply stays limited across South Asia. From Bangladesh’s renewed activity in Chattogram to India’s quiet Alang yards, Pakistan’s weaker steel fundamentals, and Turkey’s steady but cautious outlook, the hosts explore how market volatility, currency pressure, and shifting freight economics are shaping the final weeks of 2025 for the world’s leading ship recycling destinations.
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.