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Gulf Marine Services PLC - United Arab Emirates-based lift boat company - Wins new contract for an E Class vessel with an unnamed client in the Middle East and North Africa region. The contract is due to start in the second quarter of 2023, with a duration of 22 months.
Executive Chair Mansour Al Alami says: "This contract award reflects the increasing demand for vessels and improved day rates for which GMS remains well positioned to take advantage of going forward."
Current stock price: 6.18 pence, up 6.6% on Tuesday
12-month change: up 69%
By Sophie Rose; sophierose@alliancenews.com
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