Revenue rises, net profit falls for Gulf Marine Services
4th Sep 2024 10:44
(Sharecast News) - Gulf Marine Services has reported a 9% increase in revenue for the first half on Wednesday, reaching $80.7m, driven by higher demand for its S-Class vessels and improved fleet day rates.
Read moreGulf Marine Services confirms four-year contract
10th Jun 2024 07:58
(Sharecast News) - Gulf Marine Services, a provider of self-propelled and self-elevating support vessels for the offshore oil, gas, and renewables sectors, confirmed the signing of the second phase of a four-year contract for one of its vessels operating in the Middle East on Monday.
Read moreGulf Marine Services annual profits grow, FY24 outlook strong
4th Apr 2024 09:43
(Sharecast News) - Energy industry services business Gulf Marine Services said on Thursday that both revenue and profits had grown in 2023.
Read moreDirector dealings: Gulf Marine Services director makes share purchase
10th Feb 2023 14:35
(Sharecast News) - Gulf Marine Services revealed on Friday that non-executive director Charbel El Khoury had acquired 500,000 ordinary shares in the London-listed boat operator.
Read moreDirector dealings: Gulf Marine Services chairman ups stake
8th Jul 2021 16:32
(Sharecast News) - Gulf Marine Services revealed on Thursday that chairman Mansour Al Alami had acquired 672,200 ordinary shares in the London-listed self-propelled lift boat operator.
Read moreGulf Marine suspends CEO Summers over severance deal
23rd Nov 2020 08:31
(Sharecast News) - Gulf Marine Services has suspended Chief Executive Tim Summers over a severance agreement he agreed before a boardroom coup.
Read moreSeafox appointees quit Gulf Marine board
7th Oct 2020 11:37
(Sharecast News) - Gulf Marine Services said two directors representing Seafox International had resigned in the latest episode of the conflict between the companies.
Read moreWednesday broker round-up
3rd Jun 2020 13:56
(Sharecast News) - Johnson Matthey: JP Morgan upgrades to buy.
Read moreTuesday broker round-up
2nd Jun 2020 14:15
(Sharecast News) - TUI: Berenberg downgrades to sell with a target price of 350p.
Read moreGulf Marine Services secures two new contracts
3rd Jan 2020 11:27
(Sharecast News) - Gulf Marine Services announced the award of two contracts on Friday, with the first being a seven month contract with options to extend, for a small 'K-class' vessel.
Read moreHeale to step down as chair of Gulf Marine Services
11th Feb 2019 11:56
(Sharecast News) - Self-propelled self-elevating support vessel (SESV) provider Gulf Marine Services updated the market on its governance on Monday, confirming that Simon Heale was to step down as chairman.
Read moreGulf Marine crashes over banking covenant warning
19th Dec 2018 10:59
(Sharecast News) - Oil industry support business Gulf Marine Services expects full-year trading to be "broadly in line" with its previous guidance despite some mobilisation delays but warned of its ability to repay its debts.
Read moreGulf Marine Services sees 'clear signs' of oil market recovery
3rd Jan 2017 11:47
(ShareCast News) - Gulf Marine Services has won a new long-term contract award for one of its vessels to support oil drilling activities for a national oil company and said this demonstrated the "clear signs of recovery" in the market. The fully listed company said the new three-year charter for one
Read moreGulf Marine Services loses two contracts, agrees bigger bank loan
5th Jul 2016 09:50
(ShareCast News) - Gulf Marine Services has cut its earnings guidance for 2016 but arranged a larger bank facility as two contracts were terminated early by clients and a third chose not to take up a contract extension. One contract with a Middle Eastern national oil company for a large, static self
Read moreWednesday broker round-up
6th Apr 2016 14:37
(ShareCast News) - Electrocomponents: Credit Suisse upgrades to neutral with a target price of 250p. Telecom Plus: Berenberg Bank downgrades to hold, 250p target. Informa: Berenberg Bank maintains hold with a target price of 725p. ITV: Credit Suisse reiterates outperform with a target price of 310
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