GMS completes European charter contract

Gulf Marine Services (GMS) has completed a new contract for a large class vessel to support maintenance work in European waters, which is scheduled to start in Q2 2017. The contract is for 18 months, and comes with options.

Duncan Anderson, GMS CEO said:  "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 capitalize 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."

Image of the GMS Endurance, from GMS.

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