SMALL-CAP WINNERS & LOSERS: Gulf Marine Services has tax appeal denied
(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 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
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and Tuesday and not separately reported by Alliance News: Read More
Gulf Marine Services PLC - Abu Dhabi-based provider of self-propelled and self-elevating support vessels for offshore oil, gas and renewable energy projects - Seafox International Ltd trims its stake in Gulf Marine Services. Seafox sells 51.1 million shares, a 4.8% stake, for GBP8.7 million. The stake was sold in a placing. Following the disposal, it owns just under a 24% stake in GMS. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Gulf Marine Services PLC - Abu Dhabi-based provider of self-propelled and self-elevating support vessels for offshore oil, gas and renewable energy projects - Signs second phase of four-year contract announced in March. The contract with an unnamed customer is for one of GMS's vessels operating in the Middle East. Says order backlog now totals USD431.2 million. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Gulf Marine Services PLC on Thursday reported double-digit earnings growth in 2023, and it set out its lofty 2024 guidance. Read More
(Alliance News) - Gulf Marine Services PLC said it has signed the first of a two phase, four-year, contract for one of its vessels operating in the Middle East. Read More
(Alliance News) - Gulf Marine Services PLC on Wednesday said it extended a contract for one of its vessels which is currently operating in the Middle East, alongside receiving a letter of award for a separate vessel in the region. Read More
(Alliance News) - Gulf Marine Services PLC on Wednesday updated its guidance for 2023, saying it now expects to report higher earnings than originally expected. Read More