Green Ship Recycling: Developments, Recent Trends & Outlook

THURSDAY, JANUARY 13, 2011 10:00 AM EST

(3:00 PM LONDON) (4:00 PM PARIS) (5:00 PM ATHENS) (7:00 PM DUBAI)

DURATION: 30 MINUTES FOLLOWED BY Q&A SESSION

Overview:

The importance of Green Ship Recycling services is apparent. "Green Recycling" is intended for the socially responsible ship owner whom demands a demolition process that offers a safe working environment at the yard along with safe removal and disposal of hazardous materials on board. With green awareness in mind, more owners are implementing green ship recycling in compliance with the IMO's Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships 2009 requirements.

The objective of the Green Ship Recycling webinar is to update your knowledge and get new information about green ship recycling. This webinar will provide the latest developments, trends and outlook on the industry.

Key Topics included in the Green Ship Recycling Webinar are:

• Importance of green ship recycling
• Innovative and practical ways for ship owners to implement green ship recycling
• Reasons ship owners recycle at 'green' facilities
• Additional financial and regulatory implications for ship owners when selling their vessels for scrap
• Latest developments in key international ship recycling centers 

Who Should Attend?

Shipowners - Shipbrokers - Ship recycling yards - Shipbuilders - Shipbreakers - Shiprecyclers - Legislators - Lawyers - Regulators - Maritime suppliers - Classification societies - Ship Charterers - Buy side analysts - Sell side analysts - Private equity firms - Ship charterers - Investment bankers - Consultants

Featured Speaker:

Mr. Zia Ansari, Commercial Director, Global Marketing Systems, JLT. 

Zia Ansari moved to the United Arab Emirates in 2010 to serve as Commercial Director of the GMS office in Dubai. Zia holds an MBA from the Institute of Business Management in Karachi and a MSC in Maritime Economics and Logistics from Erasmus University, Rotterdam, Netherlands. Zia is a qualified Member of the Institute of Chartered Shipbrokers UK (MICS). As Commercial Director, Zia is responsible for all commercial activities relating to cash buying and selling of ships for recycling. Zia is also responsible for all special projects including GREEN ship recycling initiatives.

Speaker:

Serving on the panel with Zia will be Dr. Anil Sharma, President and Founder of GMS (declared amongst the "Lloyd's List One Hundred 2010 most influential people in the shipping industry") and Mr. Jens Rogge, Maritime Solutions-Certification Lead Auditor/Ship Recycling of Germanischer Lloyd SE.

Introductory Remarks by:

Mr. Nicolas Bornozis, President - Capital Link

The Green Ship Recycling Webinar is organized by Capital Link, a New York-based Investor Relations and Financial Communications firm with strategic focus on shipping.

About GMS:

Established in 1992, USA based GMS is the world's largest Cash Buyer of ships for recycling. With exclusive representatives in all of the major ship recycling markets in the world, GMS negotiates more than 100 vessels for recycling every year. In 2009, the company delivered in excess of 8 mill DWT of tonnage. The company has expanded its operations with the opening an office in Dubai, UAE in 2009 and in Shanghai, China in 2010. Some of the world's largest ship owners sell their ships exclusively to GMS. GMS is the only Cash Buyer to work closely with the IMO, shipowners, government institutions, various associations and the ship recycling community to facilitate the development of the proposed Convention on Ship Recycling. The company contributes extensively to agendas that create a safer and responsible ship recycling processes. We are the world's FIRST ISO 9001:2000 certified Cash Buyer. We are also the FIRST Cash Buyer to develop and promote a Green Ship Recycling Program.

In October of this year, GMS joined forces with world renowned classification society Germanischer Lloyd (GL) in launching one the most pioneering and sensible green recycling initiative, the GMS - GL Green Ship Recycling Program (GSRP). This collaborative venture was created for the seamless implementation of Safe and Environmentally Sound ship recycling guidelines developed by the IMO's Hong Kong Convention. Recently, with technical assistance of GMS, three ship recycling yards in Bangladesh were able to secure ISO certifications in regard to quality management, safety, environment and ship recycling. GMS is one of the only cash buyers that sells to ALL major ship recycling markets. GMS holds the record for doing the BIGGEST deal in ship recycling history! GMS has successfully delivered several ULCCs, VLCC, VLGCs, OBOs, Containers, Capesize Bulk Carriers and other large vessels. In fact, GMS has delivered one of the largest ULCCs for recycling. Vessels are bought on simple "as is where is" or "delivered" terms. Our specialized teams can reactivate laid-up vessels and steam them to the recycling yards under buyers risk, name and flag. If vessels cannot be reactivated, they are towed to their destination. All purchases are done on simple CASH terms. When it comes to competitive prices, accurate guidance, solid performance and integrity, shipowners turn to GMS.

About Capital Link, Inc.

Capital Link is a New York-based advisory, investor relations and financial communications firm. Capital Link has made a strategic commitment to the shipping industry, becoming the largest provider of investor relations and financial communications services to international shipping companies listed on both the US and European Exchanges. Capital Link's headquarters are in New York, with a presence in London and Athens. Capital Link is a member of the Baltic Exchange.

NB: Registrants can download the PowerPoint Presentation from this webcast. This webinar will also be available on demand at any time after the live broadcast.

Source: http://capitallinkwebinars.com/2011/green_ship_recycling/main.html