Gulf Marine Services ( (GB:GMS) ) just unveiled an announcement.
Gulf Marine Services has secured a new contract for an additional vessel in the Middle East, awarded by a major regional client for a term of seven months. This contract highlights GMS’s capability to provide tailored solutions and reinforces its flexibility in meeting client demands, potentially strengthening its market position and operational footprint in the offshore energy sector.
More about Gulf Marine Services
Gulf Marine Services PLC, founded in Abu Dhabi in 1977 and listed on the London Stock Exchange, is a leading provider of advanced self-propelled, self-elevating support vessels (SESVs) for the offshore energy industry. With a fleet of 14 vessels, GMS operates globally, serving regions such as the Middle East, Europe, South East Asia, West Africa, and the Americas. The company’s vessels are used for a variety of offshore activities, including platform maintenance and installation, and are known for their cost-effectiveness and efficiency.
YTD Price Performance: 21.19%
Average Trading Volume: 3,405,801
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £195.8M
For detailed information about GMS stock, go to TipRanks’ Stock Analysis page.