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.
Inside the Markets: Japan Update - October 2025 | Recycling Trends and Hong Kong Convention Impact
GMS Podcasts
6 minutes
2 months ago
Inside the Markets: Japan Update - October 2025 | Recycling Trends and Hong Kong Convention Impact
In this Japan-focused episode of Inside the Markets from GMS Podcasts, host Jamie Dalzell speaks with Amit Malhotra, Head of GMS Japan, about how Japanese shipowners are managing a calm but strategic recycling market under the newly enforced Hong Kong Convention. As global steel prices soften and subcontinental activity slows, Japan continues to prioritize compliance, safety, and sustainability over short-term gains. The discussion explores current pricing trends, the growing use of GMS’s Sustainable Ship and Offshore Recycling Program (SSORP), and the outlook for LNG carrier recycling as owners prepare for a more regulated and responsible future.
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.
