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Al Seer Marine invests approximately $70 million in ADNOC Logistics

This step is part of the company’s strategy to diversify its investment portfolio.

Al Seer Marine is committed to driving the continued growth of its shareholders through investment in leading companies that enable the company to deliver high value to its shareholders, according to the Emirates News Agency.

Guy Nevins, CEO of Al Seer Marine, said: “Al Seer Marine is building a very diversified portfolio of investments, and ADNOC has a proven track record and an excellent long-standing network in the global industry. marine energy logistics.We are convinced that this substantial investment in ADNOC L&S will have a positive effect on our business growth strategy.

Al Seer Marine is the sixth company of the “IHC” group to be listed on the Abu Dhabi Stock Exchange in 2021.

The company offers a range of services including management and training, shipbuilding, tankers, high-tech boat building, autonomous systems development and manufacturing.

Earlier this year, Al Seer Marine unveiled the “MEGA II” in Abu Dhabi, which is a 36-meter-long 3D printer and the largest in the world.

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Arab Desk
Arab Desk
The Eastern Herald’s Arab Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

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