GMS has announced a new contract award, with order book now standing at US$431.2m
Further award confirmed in existing two-phase agreement. GMS has announced a new contract award. In March the company announced a customer agreement for a two-phase award for one of its vessels operating in the Middle East. At the time, an initial two-year hire period was confirmed, with a second two years under an initial Letter of Award. Today GMS has announced full award of the second two-year phase, making t ....

10 Jun 2024
Gulf Marine Services (GMS LN) - Contract award

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Gulf Marine Services (GMS LN) - Contract award
Gulf Marine Services PLC (GMS:LON) | 19.9 0.1 1.7% | Mkt Cap: 229.6m
- Published:
10 Jun 2024 -
Author:
Daniel Slater, CFA -
Pages:
5 -
GMS has announced a new contract award, with order book now standing at US$431.2m
Further award confirmed in existing two-phase agreement. GMS has announced a new contract award. In March the company announced a customer agreement for a two-phase award for one of its vessels operating in the Middle East. At the time, an initial two-year hire period was confirmed, with a second two years under an initial Letter of Award. Today GMS has announced full award of the second two-year phase, making t ....