Gulf Marine Services PLC 2020 AR2
The report highlights Gulf Marine Services PLC's operational and financial performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company increased its average fleet utilisation to 81% and achieved a zero Lost Time Injury Rate. Financially, the company reported a revenue of US$ 102.5 million and implemented cost-saving initiatives delivering US$ 20.7 million in annualised savings. On the environmental front, the company reported its baseline greenhouse gas emissions, with Scope 1 emissions at 42,893 tCO2e and Scope 2 emissions at 479 tCO2e, representing a reduction in total emissions from the previous year.
Company: Gulf Marine Services PLC
Sector: Energy
Country: United Arab Emirates
Year: 2020
Type: AR2
Pages: 148
Gulf Marine Services PLC
Annual Report
The report highlights Gulf Marine Services PLC's operational and financial performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company increased its average fleet utilisation to 81% and achieved a zero Lost Time Injury Rate. Financially, the company reported a revenue of US$ 102.5 million and implemented cost-saving initiatives delivering US$ 20.7 million in annualised savings. On the environmental front, the company reported its baseline greenhouse gas emissions, with Scope 1 emissions at 42,893 tCO2e and Scope 2 emissions at 479 tCO2e, representing a reduction in total emissions from the previous year.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
May 20, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees