GMS - President and Chief Executive Officer
Dr. Anil Sharma is the Founder, President and CEO of GMS, the world’s largest buyer of ships for recycling. Originally from India, Dr. Sharma moved to USA where he earned his Master’s (MBA) and Doctorate (DBA) degrees in Business Administration. Prior to establishing GMS, Dr. Sharma was a Professor and Chairman in the Business Administration Department at a University in USA for 10 years.
GMS was established in USA in 1992. Since formation, the company has negotiated about 3,300 vessels; majority of these for recycling. GMS is the only cash buyer in the world who has trail blazed into a market leader with a sizeable global presence and established offices in 8 different countries. The company has negotiated a whole spectrum of floating assets from Naval vessels (in the early 1990s GMS was the largest cash buyer of American and Russian Naval vessels) to Merchant fleets (largest cash buyer of dry bulk, container and wet tonnage) to offshore assets in the Oil and Gas Industry. As the company continues to grow, GMS has increased its’ footprint beyond buying ships for recycling, to ship ownership, ship financing and investments in shipping companies and offshore maritime assets.
GMS client list includes some of the biggest names in shipping. Several blue chip ship-owners and capital providers work exclusively with GMS due to the company’s reputation to deliver high quality performance with integrity and professionalism.
GMS is the first cash buyer who supported the implementation of the Hong Kong Convention (HKC) for Safe & Responsible Recycling of ships. In fact, the company was the first to develop a Responsible Ship Recycling Program (RSRP) together with a leading IACS Classification Society. GMS is also the first and only cash buyer that has created a “Green Team” of some of the most qualified individuals in the world that work closely with ship owners and ship recycling yards to ensure safe and responsible recycling of ships in pre-qualified yards around the world. This team provides assistance from the development of the Inventory of Hazmat Materials (IHM), Regulatory guidelines, Ship Recycling Plans (SRPs), Facilities Management Plan, Certificates of compliance and other essential elements of Responsible Ship recycling. Today, more than 50% of the ships sold for “green” ship recycling in the Indian subcontinent are concluded by GMS.
In addition to the above, GMS donates resources to encourage research and development in ship recycling by academicians and scientists. Several writers of Masters and Doctoral Thesis in ship recycling at international universities and creative artists have been supported by GMS. To a large extent, thanks to efforts of GMS, ship recycling today has moved from an unknown (and often embarrassing) industry to a “fourth pillar of shipping”.
Dr. Sharma is a regular speaker at shipping and finance conferences worldwide. He has published several articles on ship recycling and has been interviewed extensively by shipping, finance and mainstream media. He continues to champion the cause for responsible ship recycling. Lloyd’s List has recognized his contributions to the industry by listing him amongst the 100 Most Influential People in Shipping for the last six years in a row.