Gulf Marine Services secures new support vessel contract

(Sharecast News) - Gulf Marine Services announced on Wednesday that it has secured a new contract for one of its self-propelled, self-elevating support vessels in the Middle East. The London-listed firm offered no details on the new contract.

"We are delighted to have secured this contract at an improved day rate for one of our small-class vessels," said executive chairman Mansour Al Alami.

"This confirms the continuous demand for all the vessel classes we operate."

At 1234 GMT, shares in Gulf Marine Services were up 1.44% at 17.6p.

Reporting by Josh White for Sharecast.com.