Cash buyer GMS applauds Maersk's arrival in Alang

Maersk's decision to scrap vessels in Alang shipyards marks an important step for the Indian shipbreaking industry, says Anil Sharma, CEO of GMS, the world's largest buyer of ships for recycling, in an interview with ShippingWatch. He has been on the front line of the shipbreaking debate for 25 years.

Photo: PR-foto/Maersk Line

Maersk's decision to scrap its vessels in Alang yards which live up to the Hong Kong convention marks a significant step forward.

Not in the least because it arrives at a time when the EU's impending rules have renewed debate about the Indian scrapping yards, which have been accused of poor environmental and labor standards, says Anil Sharma, CEO of the world's largest cash buyer of ships for recycling, GMS, in an interview with ShippingWatch.

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