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    GMS Enterprise starts work

    Vessel & ROV News // September 26, 2014

    Gulf Marine Services has confirmed that its newly-built unit GMS Enterprise has been completed ahead of schedule and under budget. 

    Having successfully completed its sea trials, the vessel has now commenced its first charter, a four-month contract for an engineering, procurement and construction (EPC) contractor working for a MENA-based national oil company (NOC), with day rates in line with those previously indicated for the region.
    GMS Enterprise, which the company describes as a 'Large-class' vessel, is the first of six new SESVs to be added to the group's fleet by 2016, with the newbuild programme increasing the current fleet by 66 per cent from nine to 15 vessels. 
    GMS constructs its SESVs, also known as jack-up barges, at its quayside yard in Mussafah, Abu Dhabi, enabling the Group to deliver high quality assets cost effectively. 

    The hull of the next new build, the 'Mid-Size-class' SESV GMS Shamal, is due to arrive at the yard in the fourth quarter of 2014 and is scheduled for completion in the second quarter of 2015. 

    A second 'Mid-Size-class' vessel, GMS Scirocco, will be completed in the third quarter of 2015. A third Mid-Size-class, an Enhanced Small Class and a further Large Class vessel are progressing as planned.

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