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Gulf Marine Services posts revenue growth in nine-month period of 2025

The income enhance was primarily pushed by an enchancment in fleet common day charges to $36,000, up from $32,800 in 2024, and the operation of an extra leased vessel for 5 months.

This was partially offset by a lower in fleet utilisation to 88 per cent from 92 per cent, attributed to deliberate upkeep, drydock actions, new contract preparation, and geopolitical disruption within the Gulf throughout June 2025.


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Ryan

Ryan O'Neill is a maritime enthusiast and writer who has a passion for studying and writing about ships and the maritime industry in general. With a deep passion for the sea and all things nautical, Ryan has a plan to unite maritime professionals to share their knowledge and truly connect Sea 2 Shore.

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