Gulf Marine Services ( (GB:GMS) ) has provided an update.
Gulf Marine Services has secured a new contract for one of its Large-class vessels in the GCC, marking the company’s fourth contract win or extension this year. This achievement underscores the strong demand for GMS’s vessels and highlights the company’s robust market position in the offshore energy industry, reinforcing client confidence in their reliable solutions.
More about Gulf Marine Services
Gulf Marine Services PLC, founded in Abu Dhabi in 1977 and listed on the London Stock Exchange, is a world-leading provider of advanced self-propelled self-elevating support vessels (SESVs). The company’s fleet, one of the youngest in the industry, serves the offshore energy sectors globally, including regions such as the Middle East, Europe, and the Americas. Their vessels are designed to support a variety of offshore activities, including platform maintenance, well intervention, and wind turbine installation, offering cost-effective and efficient solutions.
YTD Price Performance: 0.40%
Average Trading Volume: 3,388,457
Technical Sentiment Signal: Buy
Current Market Cap: £176.5M
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