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.
Ship Recycling Insurance Explained: Why Insurance Matters in the Final Voyage (Part 1)
GMS Podcasts
4 minutes
1 month ago
Ship Recycling Insurance Explained: Why Insurance Matters in the Final Voyage (Part 1)
Episode 1 of Ship Recycling Insurance Explained explores why insurance is a vital part of a vessel’s final voyage to the recycling yard. Jamie Dalzell speaks with Paulina, Head of Insurance at GMS, about how navigation risk, crew and third-party liabilities, pollution exposure, and contractual compliance all require strong and carefully structured insurance. The discussion highlights the role of P and I Clubs, hull insurers, and Marine Warranty Surveyors, and explains how reputable coverage supports safe, responsible, and compliant ship recycling.
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.
