'As Is Where Is' Ship Recycling Operations and Last Voyage Risk Management

When a vessel is sold on an As Is Where Is basis, every operational, safety, and environmental risk transfers to the buyer. This first episode of Beyond the Last Voyage explains what that really means inside the global ship recycling industry. Hosted by Jamie Dalzell, Head of GMS Singapore, this episode features Capt. Yogesh Rehani, Head of Operations at GMS, who has spent more than 25 years managing last voyage projects involving damaged, abandoned, and non-operational ships. Listeners are taken inside the real world of ship recycling takeovers. From boarding vessels in blackout conditions to restoring flooded engine rooms and assessing fire and collision damage, Capt. Yogesh explains how GMS evaluates risk, stabilizes vessels, and moves them safely to recycling yards in the subcontinent. The conversation includes real case studies, including a cruise ship with a flooded engine room that was repaired and sailed under its own power, a tanker that sat idle off West Africa for more than 14 years before being reactivated, and multiple fire damaged and collision damaged ships delivered through carefully engineered towage and voyage planning. This episode shows how ship recycling is not just about steel. It is about marine engineering, risk management, crew safety, environmental protection, and honoring contractual commitments. GMS operates as a marine operator first and a cash buyer second, which is why shipowners, underwriters, and brokers rely on GMS when the stakes are highest. Beyond the Last Voyage reveals the discipline, preparation, and technical judgment required to complete the final journey of a vessel safely and responsibly.   WHAT YOU WILL LEARN What As Is Where Is means in ship recycling contracts How dead ships and idle vessels are taken over and made seaworthy How flooded, fire damaged, and collision damaged vessels are assessed How naval architects, class, and marine warranty surveyors guide last voyages Why operational reliability matters more than price in recycling deals