TRADING UPDATES: Macau Property Opportunities portfolio valuation down
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Gulf Marine Services PLC - London and Abu Dhabi-based operator of self-propelled self-elevating support vessels for offshore energy industry - Gets a two-year contract extension for another of its mid-sized vessels in the Gulf region. Gulf Marine Services doesn't name the customer or provide financial details, but it says the latest deal is for a separate contract and different vessel than the one it announced last week. Like that one, the new contract extension is for one firm year, plus a one-year option. Last week, Gulf Marine Services said its contract backlog is USD607 million. Read More
Gulf Marine Services PLC - London and Abu Dhabi-based operator of self-propelled self-elevating support vessels for offshore energy industry - Wins two-year contract extension for one of its mid-sized vessels in the Gulf region. Gulf Marine Services doesn't name the customer or provide financial details. The contract extension is for one firm year, plus a one-year option. It says the contract extension increases its backlog to USD607 million. Read More
Gulf Marine Services PLC - London and Abu Dhabi-based operator of self-propelled self-elevating support vessels for offshore energy industry - Wins contract for one of its large-class vessels in the Middle East. Gulf Marine Services doesn't name the customer or provide financial details. It says the contract is for two years with options to extend. It says recent contract awards have added 2,354 days to its backlog of booked vessels. Read More
(Alliance News) - Gulf Marine Services PLC on Tuesday reported a new contract award that covers two of its large-class vessels in Europe. Read More
Gulf Marine Services PLC - London and Abu Dhabi-based operator of self-propelled self-elevating support vessels for offshore energy industry - Reports revenue of USD138.3 million for the nine months to September 30, up 10% from USD126.1 million a year earlier, while adjusted earnings before interest, tax, depreciation and amortisation rises 7.1% to USD81.5 million from USD776.1 million. Net debt is reduced by 22% to USD172.2 million, cutting leverage to 1.6 times from 2.3 times. Gulf Marine says it remains on track to meet its 2025 objectives and is "highly confident" of achieving increased adjusted Ebitda guidance of USD101 million to USD109 million. The company continues to target adjusted Ebitda of up to USD115 million for 2026. In 2024, adjusted Ebitda was USD100.4 million. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - Gulf Marine Services PLC on Tuesday reported a jump in profit during the first half of 2025, and said it remains "on track" to deliver on proposed future shareholder returns. Read More
(Alliance News) - Gulf Marine Services PLC on Wednesday said it has received a request for a general meeting and that its appeal against a tax assessment in Saudi Arabia has been denied. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Gulf Marine Services PLC on Wednesday reported higher revenue and earnings before interest, taxes, depreciation, and amortisation for 2024, though net profit declined and the company did not declare dividend for the year. Read More
Gulf Marine Services PLC - Abu Dhabi-based provider of self-propelled and self-elevating support vessels for the offshore energy sector - Secures a contract for one of its large-class vessels in the Gulf Cooperation Council region. The contract spans 142 days and will see the vessel support "critical offshore operations" for the unnamed client. Gulf Marine Services adds: "The addition of this contract represents the company's fourth contract win or extension already this year, which reflects the strength of demand in the market for the company's vessels." Read More
(Alliance News) - Gulf Marine Services PLC on Wednesday said it has won a new contract for an additional vessel in the Middle East. Read More
Gulf Marine Services PLC - London-registered provider of self-propelled and self-elevating support vessels for the offshore energy sector - Announces that two of its vessels have secured three-year extensions, at enhanced rates, to contracts with an unnamed "major" national oil company in the Middle East region. Says the extensions reinforce its strong partnership with the client, and that its secured backlog is now worth USD558 million. Read More
(Alliance News) - Gulf Marine Services PLC on Tuesday reported a 171-day extension to an offshore mining deal with an unnamed contractor. Read More
Gulf Marine Services PLC - Abu Dhabi-based provider of self-propelled and self-elevating support vessels for the offshore energy sector - Says it has now successfully completed the refinance of its debt, following on from its initial announcement in August. The firm said in August it had reached a deal with First Abu Dhabi Bank, Commercial Bank of Dubai and HSBC Bank, all of which have an equal participation in the company's USD250 million term loan and working capital facility, to refinance the group's current bank debt. Read More
Gulf Marine Services PLC - Abu Dhabi-based provider of self-propelled and self-elevating support vessels for the offshore energy sector - Wins a new contract for an undisclosed value for one of its vessels operating in the Middle East. Executive Chair Mansour Al Alami says: "We are delighted to have secured this contract at an improved day rate for one of our small-class vessels. This confirms the continuous demand for all the vessel classes we operate." Read More
(Alliance News) - Gulf Marine Services PLC on Thursday announced it has won a new long-term contract in Europe and has extended two existing contracts in the Middle East. Read More
Gulf Marine Services PLC - Abu Dhabi-based provider of self-propelled and self-elevating support vessels for the offshore energy sector - Announces a new long-term contract, in the Gulf Cooperation Council region, for one of its support vessels spanning five years with an option to extend. The contract takes the company's backlog to USD464 million. Read More