World's No. 1 scrap dealer recommends Alang

The world's biggest buyer of ships destined for scrap, GMS, argues that beaching will never disappear and that Clipper did right in picking one of Alang's best performers, Leela. ShippingWatch has interviewed Nikos Mikelis of GMS.

As one of the architects behind IMO's Hong Kong Convention, Nikos Mikelis knows the treaty –yet to be ratified - word by word and he is convinced that the convention is the only meaningful measure to foster a decent global scrapping industry.

He is no longer with the IMO but – some may argue – with the “enemy” or at least the counterpart, the world´s Number One cash buyer of ships to be demolished GMS.

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