GMS represented the Ship Recycling sector at event, exploring the challenges and opportunities for the sector
SEPTEMBER 22, 2016 – GMS, the world’s largest buyer of ships and floating offshore assets, sponsored the prestigious TradeWinds Shipowners Forum, held at New York Yacht Club, Manhattan on 21st September 2016.
The Shipowners Forum USA is built on the successful Jones Act Shipping forum by exploring the broad spectrum of shipping in America. High-level line ups at the event discussed the opportunities and challenges for U.S. ship recycling and the outlook for crude, product and chemical tankers.
GMS’ senior team members attended the event alongside prominent members of the ship-owning fraternity and brokerage firms. Members of the GMS management team included Director of Operations, Captain Yogesh Rehani, Head of Projects, Evan Sproviero and US Trader, Kamal Datta. These GMS representatives hosted personal invitees from various shipping companies and were on hand to provide expert opinions on the opportunities and challenges facing US ship recycling, as well as the sustainable recycling processes for ships headed to recycling yards.
As was discussed in the panels, ship recycling is a vital stage in the lifecycle of a vessel and it plays an essential role in the market for all involved in the shipping supply chain.
Commenting on the event, Evan Sproviero, Head of Projects, GMS, said:
“The end of life process is a crucial consideration for all ship owners and brokers, and GMS’ strong presence and involvement at this event only serves to underline our commitment to provide top quality service and expert advice to our customers.
We are pleased to be the only buyer to be invited to sponsor the event, highlighting GMS’ respected position as the leader in this area of the industry. There is a real demand for responsible recycling of vessels and GMS continues to set new benchmarks for service, management oversight and recycling excellence throughout the industry.”
Kamal Datta, Trader, GMS US, commented:
“I was delighted to be able to attend an event as influential as the TradeWinds Shipowners Forum. Ship recycling is certainly a critical process within the lifetime of a vessel and this event gives GMS the opportunity to effectively communicate our business aims with key industry contacts.”