Abu Dhabi: Abu Dhabi Ports, the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate ―has signed a contract with Gulf Marine Services (GMS) that will see the creation of a state-of-the-art facility at Zayed Port where GMS will construct and maintain its offshore support vessels that serve the region’s oil and gas industry.

Zayed Port in Abu Dhabi city―a regional hub for the cruise industry, and general and bulk cargo―will lease the new facility to GMS for three years.

GMS, founded in Abu Dhabi in 1977 and listed on the London Stock Exchange in 2014, is the largest operator of self-propelled self-elevating support vessels (SESVs), also known as jackup barges, in the world. The company’s construction and maintenance yard is currently located in Mussafah, Abu Dhabi. The relocation to Zayed Port will bring substantial benefits to GMS’ business and clear advantages for its clients, according to Abu Dhabi Ports.

“GMS’ new facility at Zayed Port is the latest extension of Abu Dhabi Ports’ significant services to the exploration and production sector, which is vital to the economy of the UAE and the region. Zayed Port and two adjoining ports―Free port and New Freeport―are playing a major role in the important services to this crucial sector,” Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, said in a statement.