Gulf Marine Services PLC said a 24 per cent fall in first-quarter profit after the UAE-based firm was instructed to evacuate four vessels from a Gulf Cooperation Council country in March as a precautionary measure due to the Iran War, Reuters reports.
The offshore marine support company said crews returned to all evacuated vessels in early April and clients rejoined operations on two of them days later, while Gulf Marine Services maintained its full-year 2026 profit forecast.
