Gulf Marine Services (GMS), a leading provider of self-propelled, self-elevating support vessels for the offshore energy sector, is pleased to announce the award of a new contract for one of its small-class vessels in the GCC region. The contract spans a total of 18 months, including optional extensions.
Mansour Al Alami, GMS Executive Chairman, commented:
"We are delighted to see continuous demand for all our vessels in a highly competitive market. Maintaining high utilization is key for us to continue to deliver on our objectives. Our backlog now stands at USD 503 million."
This announcement contains inside information and is provided in accordance with the requirements of Article 17 of the Market Abuse Regulation (EU) No. 596/2014 (as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended).
