Al Seer Marine invests into ADNOC Logistics & Services PLC

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ASM ADNOC Logistics
ASM ADNOC Logistics

Alย Seerย Marine,ย theย globalย playerย acrossย multipleย marineย sectorsย andย aย subsidiaryย ofย theย Internationalย Holdingย Companyย (IHC),ย  has secured a major cornerstone investment in ADNOC Logistics & Services PLC, the global energy maritime logistics leader with share value ofย AED 257 million.

The move comes as part of the companyโ€™s strategy to diversify its investment portfolio, as the company continues to be a key and strategic contributor to the UAEโ€™s economy and diversification efforts. Al Seer Marine is committed to driving continuous growth for its stakeholders through investments in market leaders that enable the company to deliver superior value to its shareholders.

โ€œAlย Seerย Marineย isย building on its highly diversified investment portfolio, and with ADNOC has excellent and longstanding track record and network within the global energy maritime logistics sector, we are confident this cornerstone investment in ADNOC Logistics & Services PLC will reflect positively on our growth strategy. โ€œsaidย Guy Neivens, CEO of Al Seer Marine.

Al Seer Marine was the sixth IHC Group company to list on the ADX in 2021. The companyย has a portfolio of services including management and training, Construction of vessels, Tankers, High-tech boatbuilding, Unmanned systemsย development, andย manufacturing. Early this year, Al Seer Marine unveiled โ€œMEGA IIโ€ in Abu Dhabi, a 36-Meter- Long and the world largest 3D Printer.

Press release received on email

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