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New addition to the GMS family

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Fast growing cash buyer strengthens its resources

GMS is proud to announce that Ms. Jasvinder Virdi has joined the company to further develop its growth within the industry.

Jasvinder comes with a wealth of determination and enthusiasm, as well as experience of working within the shipping industry, having spent the last 10 years at the St. Kitts & Nevis International Ship Registry as a Ship Registration Executive where she was instrumental in building strong client relations.

Jasvinder joins the GMS Operations Department in Dubai to continue and expand the company’s success by adding value and commitment.  Jasvinder commented: “I am excited to start a new challenge with GMS and look forward to working with the team to further develop their already extensive and established products and services. I am fortunate to be joining such a highly respected company that prides itself on top quality service.”

Dr Anil Sharma, CEO of GMS, said: “Jasvinder’s knowledge and experience within the industry has already made her a key addition to the GMS company family. We view her appointment as a sign of our commitment to continue being the leading company within our industry. Our new innovations and the increasing demand from our clients and associates led us to look for an addition to our team who will fit in with our ethos of innovation and exceptional service. I’m confident that Jasvinder will play a key role in providing and implementing high quality solutions for our company.”

•       Established in 1992, GMS is the world’s largest buyer of ships, having concluded  into the Indian sub-continent during 2014, more vessels and lightweight than the next  four competitors combined and buying more ships on an “as is where is” basis than any other cash buyer in the world.

•       It is the world’s FIRST ISO 9001 certified Cash Buyer with a proven track record spanning over two decades, and with more than 3, 000 deals under its belt, it has grown to become the leader of the ship recycling industry.

•      Many of the world’s largest ship owners sell their vessels exclusively to GMS. In 2012 alone the company recycled over 16.5 million DWT (i.e. roughly 300 ships) or nearly one third of the world’s fleet sold for recycling.

•     Over the years GMS has succeeded in helping to modernize the ship recycling industry and, through its efforts, has done much to strengthen the credibility and transparency of the ship recycling sector. It has invested considerable resources into green recycling and continues to support ship recycling yards around the world in both an advisory and financial capacity. To date it has been responsible for 65% of the vessels which were offered for responsible ship recycling in India.

•    GMS is also the FIRST and ONLY Cash Buyer to develop a Green Ship Recycling Program (GSRP) together with Germanischer Lloyd (GL) to meet the highest standards of Corporate Social Responsibility (CSR) in the ship recycling industry. GMS continues to lead the ship recycling industry with innovative and practical solutions. It participated in the deliberations leading up to IMO’s Hong Kong Convention (HKC) on Safe & Responsible Ship Recycling and over the years has become the acknowledged ‘voice’ of the recycling industry in international fora.

•     GMS is the only cash buyer in the world with multiple offices in the USA, Germany, Dubai, China, Singapore, and Japan as well as exclusive representatives in all five of the major recycling markets including India, Pakistan, Bangladesh, China and Turkey.

•      The GMS Weekly newsletter is the most quoted and longest running report in the Ship Recycling Industry

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