Craft

Gulf Marine Services

Stock Price

£0.2

2024-10-29

Market Capitalization

£193.1 M

2024-10-29

Revenue

$188.1 M

FY, 2025

Gulf Marine Services Summary

Company Summary

Overview
Gulf Marine Services owns and operates Self Propelled Elevated Support Barges and AHTS vessels. These assets serve the oil, gas and renewables sectors worldwide in all environments and conditions. The company focuses on offshore accommodation, well maintenance, project management, construction and installation activities. The Company was established in Abu Dhabi, in the United Arab Emirates in 1977. Its head office still remains in Mussaffah, however GMS has now expanded into other regions by strategically placing offices in key areas of offshore activity. GMS is the largest Elevated Support Vessel operator in the Middle East, currently having a fleet of eight modern self propelled jack-up barges and two offshore supply and anchor handling vessels which serve our clients worldwide. GMS constructs and maintains its vessels at its site in Mussaffah and has an extensive new build and replacement programme involving the construction of Gusto NG2500X DPII ESV's. These vessels are built to the highest offshore standards and have the ability to operate worldwide in a variety of environments
Type
Public
Status
Active
Founded
1977
Website
https://www.gmsplc.com
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Mansour Al Alami

    Mansour Al Alami, Chairman of the Board

  • Hassan Heikal, Non-Executive Director

    • Charbel El Khoury

      Charbel El Khoury, Non-Executive Director

    • Jyrki Koskelo

      Jyrki Koskelo, Independent Non-Executive Director

    LocationsView all

    3 locations detected

    • Dammam, Eastern Province

      Saudi Arabia

    • Abu Dhabi, Abu Dhabi

      United Arab Emirates

    • Aberdeenshire

      United Kingdom

      Abercrombie Ct

    Gulf Marine Services Financials

    Summary Financials

    Revenue (FY, 2025)
    $188.1M
    Gross profit (FY, 2025)
    $129.4M
    Net income (FY, 2025)
    $19.5M
    Cash (FY, 2025)
    $27.8M
    EBIT (FY, 2025)
    $51.0M
    Enterprise value
    $379.9M

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