Regulatory Hurdles Hampering Drone Uptake
Development of regulatory, safety framework is slowing down the uptake of UAS technology.
→Tankers to Return to Pakistani Yards from Next Month?
Pakistan’s Gadani yards could start receiving tankers, with more stringent requirements, from next …
read more →GMS Urges Tanker Owners to Go the Extra Mile
Tanker owners need to adapt to the stricter requirements for cleaning vessels for hot works prior recycling amid …
read more →Alang Yards Receive Ultimatum to Improve Facilities
India’s Gujarat Maritime Board (GMB) has issued an ultimatum to Alang yards that have yet to modernize and …
read more →GMS: Pakistan to Tighten Scrapping Rules for Tankers
Pakistani shipbreaking yards, which are currently closed for tankers following accidents on uncleaned FSU and LPG …
read more →Bangladeshi Scrapping Tax Revoked
The prohibitive taxes announced in Bangladesh’s recent budget will be reversed for the next two years, at the …
read more →GMS: Bangladeshi Scrapping Tax Likely to Be Postponed
The attempt to reverse the recently imposed 15% value-added tax (VAT) on ships being sent to Indian ship-recycling …
read more →Indian Scrapping Sector in Another Gloomy Week
Indian sub-continent shiprecycling destinations have seen another negative week of pricing following the release of …
read more →Uncertainty Looms over Pakistani Shipbreaking Yards
The decision to halt shipbreaking activities at Gadani yards in Pakistan has left many fearing for the fate of new …
read more →Ship Recycling Markets End 2016 on Stable Note
The international ship recycling markets have witnessed another roller coaster week and year, however, the industry …
read more →GMS: Vale’s VLOC Demolition Sale Fails
Brazilian mining giant Vale’s recent sale of a very large ore carrier (VLOC) for demolition has reportedly …
read more →Interview: More Boxships Set to Join Scrap Markets in 4Q
As the shipping industry saw an abundance of vessels leading to overcapacity in the shipping industry, accompanied …
read more →South Asian Demolition Bounces Back with Rise in Prices
South Asian ship recycling market has experienced increased activity on the sales front last week, which was …
read more →GMS Urges Support on Sustainable Recycling in SE Asia
The President and CEO Anil Sharma of GMS, a cash buyer of ships for recycling, has called on owners and brokers to …
read more →Gulf Marine Services Moving Operations to Zayed Port
UAE-based port operator Abu Dhabi Ports has signed a contract with offshore contractor Gulf Marine Services …
read more →GMS Challenges EU Ship Beaching Proposal
Cash buyer of ships for recycling Global Marketing Systems, Inc (GMS) has challenged the European Commission’s …
read more →GMS Reveals New-Build Programme
Gulf Marine Services (GMS) has announced a strategic new-build programme that includes a further E-Class vessel …
read more →ADIB to Finance GMS’ New Vessels (UAE)
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has closed a AED 1.32 billion …
read more →GMS Secures New Contracts in Middle East and Europe
Abu Dhabi-based Gulf Marine Services (GMS) has won three new contracts worth around $46 million for transformer …
read more →GMS Jack-Up Barge Keloa Joins ADMA OPCO’s Fleet (UAE)
The Abu Dhabi Marine Operating Company (ADMA-OPCO) has signed a three-year contract, with an extension option for a …
read more →Saudi Aramco Charters Third GMS’ Self Elevating …
GMS Saudi Arabia’s self elevating and self propelled jack up barge Kudeta has been chartered to Saudi Aramco …
read more →UK: GMS Endeavour Installs First Turbine at Sheringham …
The self propelled, self elevating jack up barge the GMS Endeavour successfully completed the first turbine …
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