Deal to reduce operating costs and advance operational availability
Zakher Marine International (ZMI) recently announced via a press communiqué that it has entered into a Framework with Gulf Marine Services (GMS) a leading operator of self-propelled SESVs (self-elevating support vessels) listed on the London Stock Exchange.
Both headquartered in Abu Dhabi and focused on the GCC region and Middle East, both entities have agreed together to identify mutual cost-saving opportunities and improve our operational availability, for the benefit of all stakeholders, using the combined scale of both self-propelled SESV fleets.
The Agreement lays out the principle areas of potential co-operation, comprising procurement; logistics; maintenance, classification and repair; and employment and training of offshore crew.
ZMI and GMS have agreed to establish joint teams and protocols to identify ways to pool resources, combine functions, and leverage combined purchasing power in order to reduce costs.
“This is a significant milestone; a strategic cost optimization strategy that will surely benefit both companies and our clients. Over more than three decades, ZMI has sought to offer outstanding service and highly competitive rates. This agreement will also help uphold our absolute commitment to safety while ensuring cost-effective client services,” commented Hassan El Ali, Executive Chairman, ZMI.
