Total gross profit rose by 6.2%, to AED 153 million. The operational profit reached AED 107.4 million. Abu Dhabi, 29th January 2025: Al Seer Marine (ADX: ASM), a frontrunner in the maritime industry and a subsidiary of International Holding Company (ADX: IHC), has announced its financial results for 2024, highlighting operational growth amidst market-driven recovery … Continue reading Al Seer Marine Announces 2024 Financial Results with 4.0% Revenue Growth to AED 1.28 Billion

New vessels secure USD 84 million in charter contracts with Reliance Industries DMCC for five-year term. BOCOM Leasing doubles its commitment to Al Seer Marine to USD 160 million. Abu Dhabi, 23 December 2024:Al Seer Marine (ADX: ASM), a frontrunner in the maritime industryand a subsidiary of International Holding Company (ADX: IHC), has taken delivery … Continue reading Al Seer Marine Expands Fleet with Delivery of Two Modern MR Tankers

The Joint Venture is expanding beyond the naval sector into the commercial maritime, to solidify its position as a global industry leader. Dune's mission is to leverage the combined strengths of Damen International and Al Seer Marine to become a global leader in naval and commercial shipbuilding. Abu Dhabi, 11November, 2024: Al Seer Marine (ADX: … Continue reading Al Seer Marine and Damen International Announce Expansion of Joint Venture- Dune

M.T. Betelgeuse and M.T. Bellatrix are IMO II/III oil and chemical tankers, designed to carry six fully segregated grades of cargo, with a deadweight of 49,757 MT each. The six state-of-the-art MR tankers are built ready for alternative fuels such as Liquified Natural Gas (LNG), ammonia, and methanol. Abu Dhabi, September 26, 2024: Al Seer … Continue reading Al Seer Marine Expands Fleet with Delivery of two new MR Tankers: M.T. Betelgeuse and M.T. Bellatrix