Al Seer Marine Supplies & Equipment PJSC (ASM)

Abu Dhabi – Mubasher: Al Seer Marine Supplies and Equipment Company incurred net losses valued at AED 1.02 billion in 2023, versus net profits worth AED 1 billion in 2022, according to the financial results. The revenues increased by 10.80% …

Abu Dhabi – Mubasher: Al Seer Marine Supplies and Equipment Company has taken over the very large gas carrier (VLGC) North Gas, according to a press release. The second VLGC delivery comes as a part of the AED 495 million deal signed by ABGC DMCC, …

Abu Dhabi – Mubasher: Al Seer Marine Supplies and Equipment Company turned to net losses amounting to AED 749.68 million in the first half (H1) of 2023, against net profits worth AED 882.97 million in H1-22. Gross profits enlarged by 92.50% …

Abu Dhabi – Mubasher: Al Seer Marine Supplies and Equipment Company secured a cornerstone investment with a share value of AED 257 million, equivalent to $70 million, in ADNOC Logistics and Services (ADNOC L&S). This step aligns with the …

Abu Dhabi – Mubasher: Al Seer Marine Supplies and Equipment Company has purchased its latest gas vessel for AED 331 million, marking its 13th acquisition in 12 months. Having secured a total of five gas carriers, the ADX-listed firm plans to …

Abu Dhabi – Mubasher: Al Seer Marine Supplies and Equipment Company generated net profits worth AED 1 billion during 2022, an annual decline from AED 2.51 billion. The earnings per share (EPS) plunged to AED 1.01 last year from AED 4.90 in 2021, …

Abu Dhabi – Mubasher: Al Seer Marine, a subsidiary of the International Holding Company (IHC), has acquired the MT Meissa, formally known as MT Kokako, at a value of AED 132 million. MT Meissa, an IMO II/III product tanker, has been fixed on five …

Abu Dhabi - Mubasher: Al Seer Marine, a subsidiary of the International Holding Company (IHC), has announced MEGA II to be the biggest maritime 3D printer in the world, according to a press release. The giant 3D printer will offer several …

Abu Dhabi - Mubasher: Al Seer Marine, a subsidiary of the International Holding Company (IHC), announced a new four IMO II/III product tankers order at a total value of AED 643 million, according to a press release. K Shipbuilding, a leading South …

Abu Dhabi - Mubasher: Al Seer Marine, a subsidiary of the International Holding Company (IHC), announced its third mega VLCC acquisition valued at AED 396 million, bringing its total VLCC fleet value to AED 900 million in four months. VLCC Acrux, …

Abu Dhabi – Mubasher: Al Seer Marine, a subsidiary of International Holding Company (IHC), is targeting future agreements worth more than AED 36.70 billion ($10 billion) over the coming 10 years, according to a press release. Meanwhile, IHC’s unit …

Abu Dhabi – Mubasher: Al Seer Marine, a subsidiary of International Holding Company (IHC), has entered into a collaboration agreement with Singapore-based Netbulk Pte, a one-stop maritime solution firm, to scale up its freight services globally.  …

Abu Dhabi – Mubasher: Al Seer Marine, a subsidiary of International Holding Company (IHC), has posted a 115% year-on-year (YoY) leap in net profit to AED 882.97 million during the first half (H1) of 2022, compared to AED 411.33 million. Revenues …

Abu Dhabi – Mubasher: Al Seer Marine, a subsidiary of International Holding Company (IHC), plans to expand its freight solutions for bulk cargoes globally through its unit ASM Chartering. In line with Al Seer Marine’s growth strategy, the …

Abu Dhabi – Mubasher: Al Seer Marine, a subsidiary of International Holding Company (IHC), has teamed up with France-based design and innovation company SEAir to develop high-speed ferries. SEAir will provide maritime technologies like hydrofoils …

Abu Dhabi – Mubasher: Al Seer Marine, a subsidiary of International Holding Company (IHC), has purchased two very large crude carriers (VLCC) in exchange for AED 404 million. MV Twin Castor and MV Twin Pollux crude oil tankers have a carrying …

Abu Dhabi – Mubasher: Al Seer Marine, a subsidiary of International Holding Company (IHC), has acquired two vessels worth AED 246 million to meet the increasing demand for transportation of liquefied petroleum gas (LPG). The purchasing process …

Abu Dhabi - Mubasher: Yahsat Government Solutions (YGS), the government division of Al Yah Satellite Communications Company (Yahsat), has partnered with Al Seer Marine to equip maritime vessels with interoperable next-generation satellite …

Abu Dhabi – Mubasher: Al Seer Marine, a subsidiary of International Holding Company (IHC), has invested AED 1.2 billion in Abu Dhabi Ports Group ahead of its initial public offering (IPO). Al Seer will own 375 million equity shares, …

Abu Dhabi – Mubasher: The net profits of Al Seer Marine, a subsidiary of International Holding Company (IHC), surged to AED 2.5 billion in 2021 from AED 33.94 million in 2020. Revenues increased by 22.4% year-on-year (YoY) to AED 620 million in …

Abu Dhabi – Mubasher: Al Seer Marine, a subsidiary of International Holdings Company (IHC), has launched its additive manufacturing business unit for 3D printing. With computer-aided design (CAD) software or 3D object scanners, the technology …