Thursday 18 July 2024

Mansour Al Alami

GMS signs 2nd phase of 4-year contract for its vessel

DUBAI, June 10, 2024

Gulf Marine Services (GMS), a leading provider of self-propelled and self-elevating support vessels, has signed the 2nd phase of the four-year contract originally announced on March 11, 2024 for one of its vessels in the Middle East. The company’s backlog as of June 1, 2024 stands at $431.2 million.
Mansour Al Alami, GMS Executive Chairman, commented: "The signing of the second phase of this contract reaffirms the strong demand for our vessels and the trust our clients place in GMS. This continuation not only strengthens our backlog, but also positions us well to achieve our strategic goals and drive shareholder value."--TradeArabia News Service


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