Gulf Marine Services (GB:GMS) has released an update.
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Gulf Marine Services has confirmed the signing of the second phase of a four-year contract for one of its Middle East operating vessels, bolstering its robust $431.2 million backlog as of June 1st, 2024. This development is hailed by the company’s Executive Chairman as a testament to client trust and a significant step towards achieving strategic goals and enhancing shareholder value. The company, renowned for its advanced self-propelled support vessels, continues to serve the offshore oil, gas, and renewable energy sectors with its modern fleet.
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