Offshore

Gulf Marine Services Extends Two Mid-Size Vessel Charters in the GCC

Gulf Marine Services has signed two separate two-year extensions for mid-size self-elevating support vessels operating in the GCC, announced on 30 December 2025 and 05 January 2026.

Photo: Gulf Marine Services

5, January 2026
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Gulf Marine Services has secured two separate contract extensions for mid-size self-propelled, self-elevating support vessels operating in the Gulf Cooperation Council (GCC) region.

The first extension, announced on 30 December 2025, runs for two years on a one-year firm plus one-year option basis. The company said the award increased its backlog to $607 million.

A second extension, disclosed on 05 January 2026, was also agreed for two years with the same one-year firm / one-year option structure. Gulf Marine Services stated this agreement relates to a different vessel and contract from the 30 December award. Customer and financial details were not disclosed.

Tags: GCC, offshore support vessels, self-elevating vessels, vessel charter

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.

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