Global Offshore Services Limited, established in 1976 and initially known as Garware Shipping Corporation Limited, specializes in owning, operating, and chartering offshore support vessels. The company provides offshore support services primarily for oil and gas exploration and production, with operations in India and West Africa. Over the years, it has expanded its fleet, acquiring various Platform Supply Vessels (PSVs) and Anchor Handling Tug cum Supply Vessels (AHTSVs), and has established subsidiaries in Singapore and the Netherlands.
The company has undertaken several expansions and modernization efforts, including rights issues to finance these activities. Recently, Global Offshore Services has been streamlining its fleet, with significant vessel sales occurring in 2019-20 and 2022-23, including the sale of additional vessels post the 2022-23 fiscal year. The company's strategic focus involves managing its fleet effectively to meet market demands while exploring opportunities for growth and expansion.
