UAE-based offshore vessel operator Gulf Marine Services (GMS) has completed a deal for the charter of one of its vessels in Europe.
The new contract will see a large class vessel deployed to support maintenance work in the oil and gas sector and is expected to commence in the second quarter of 2017 with a duration of 18 months including options.
“This new contract is testament to our leading industry expertise and strong track record of successful operations in European waters. GMS is very well-positioned to capitalise on our clients’ desire for less expensive and yet more capable offshore support solutions as our self-propelled vessels are significantly more economical and time-efficient than conventional support vessels without self-propulsion. This, combined with the wide range of services we can provide from the decks of our vessels is becoming more important to our clients seeking to carry out safe, efficient and cost-effective operations,” said Duncan Anderson, chief executive officer of GMS.
