GMS Podcasts
GMS is the world’s leading cash buyer of ships and offshore assets for recycling. We help our clients achieve their residual value expectations and ensure the safe and environmentally sound demolition of their vessels.
- Indexed episodes, last 90 days
- 13
- Latest publication
- Sep 21, 2026
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- Jul 3, 2026
Latest episodes
Ship Recycling Market Update Week 38 2026 | Hormuz Traffic Drops, Freight Stays Strong & Fresh Sales Stall (opens the original)
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Hormuz traffic fell sharply in Week 38 as Middle East route disruption, crude above USD 100 and strong freight earnings continued to restrict ship recycling supply. Pakistan remains strongest on conventional pricing, Bangladesh has renewed appetite, India leads in specialist tonnage and Turkey is seeing seasonal improvement — but fresh South Asian recycling sales remain scarce.
Ship Recycling Market Update Week 37 2026 | Routes Tighten, Oil Tops $100 & Bangladesh Bids Rise (opens the original)
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Tightening Red Sea and Gulf shipping routes, oil above USD 100 and strong freight earnings continue to restrict ship recycling supply in Week 37. Bangladesh has returned with stronger bids, Pakistan remains the market leader, India continues to secure specialist tonnage, and Turkey’s recycling board has moved higher. Ingrid and Henning discuss the latest vessel sales, market pricing and what growing candidate scarcity means for shipowners, cash buyers and recyclers.
Ship Recycling Market Update Week 36 2026 | Strikes Return, Freight Soars & Leaders Cool (opens the original)
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Strong freight earnings and renewed Gulf tensions are keeping fresh recycling vessel supply tight in Week 36, while Pakistan and Bangladesh cool after recent buying activity and India improves on stronger steel, currency support and growing backing for compliant ship recycling. Ingrid and Henning discuss the Baltic Dry Index surge, crude oil prices, Gadani, Chattogram, Alang, Aliaga and the latest ship recycling price trends.
Ship Recycling Market Update Week 35 2026 | Sanctions Land, Freight Rallies & Supply Thins (opens the original)
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Ship recycling demand remains strong in Week 35, 2026, but fresh vessel supply is increasingly scarce as stronger freight earnings keep ageing ships trading. Pakistan remains the highest-priced recycling destination, Bangladesh continues to move previously secured tonnage, and Alang builds momentum through specialist vessels. Ingrid and Henning also discuss new U.S. sanctions affecting Iranian-linked shipping, compliance risks, the Baltic Dry Index rally above 3,100, and why executable recycling
Ship Recycling Market Update Week 34 2026 | Pakistan Leads, Sanctions Loom & Prices Jump (opens the original)
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Ship recycling prices jumped sharply in Week 34, 2026 as limited vessel supply intensified competition across the Indian sub-continent. Pakistan moved to the top of the market for the first time this cycle, with Gadani tanker indications reaching around USD 535 to 540 per LDT, while Bangladesh remained close behind with strong demand for small and mid-sized tankers. India continues to trail on conventional pricing but recorded significant specialist activity, including the delivery of the 43,402
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