GMS - GULF MARINE SERVICES - Share Chat

Gulf Marine Services (GMS) is a leading provider of self-propelled, self-elevating support vessels (SESVs), commonly known as jack-up barges, for the offshore energy and marine construction industries. Headquartered in Abu Dhabi, UAE, the company is listed on the London Stock Exchange’s AIM market. GMS owns and operates a modern fleet of high-specification SESVs, which are chartered out for diverse offshore activities including accommodation, well intervention, maintenance, and construction support.

The company primarily serves clients in the Middle East, North Africa (MENA), and European markets, including the North Sea. GMS differentiates itself by offering cost-effective and versatile vessel solutions. Recent focus has been on improving fleet utilisation, securing longer-term contracts, and deleveraging its balance sheet, benefiting from an uplift in day rates and market conditions within the offshore support sector.