Al Seer Marine has booked another gas carrier newbuild as part of its ABGC DMCC joint venture with Dubai-based energy trader BGN International.
Al Seer Marine, a subsidiary of the International Holding Company (IHC), announced an order worth around $90m for an 86,700 cu m liquefied petroleum gas (LPG) and liquefied ammonia gas (NH3) carrier at Japanese shipbuilder Kawasaki Heavy Industries (KHI).
The 230 m long LPG-powered vessel will deliver from KHI’s Sakaide Works in 2025 and be equipped with separate cargo tanks designed to carry LPG and liquefied ammonia at the same time.
The deal comes hot on the heels of the joint venture’s $197m contract with South Korea’s Hyundai Samho Heavy Industries for two 88,000 cu m LPG units to be delivered by January 2026.
The latest order takes Al Seer’s fleet to 15 vessels, worth nearly $750m. The company has acquired a total of five gas carriers and is currently exploring the opportunity of acquiring two additional gas vessels in the next six months.
Tags: ABGC, Al Seer Marine, DMCC, Kawasaki
Recent Posts
Hyundai Glovis to Retrofit Seven PCTCs with Avikus AI Navigation System
Super Terminais orders three more Konecranes Gottwald ESP.10 Mobile Harbor cranes
Covestro and HGK Shipping Extend Partnership to 2040 with Focus on Wind-Assisted Vessel Retrofit
Artemis Technologies Successfully Demonstrates 100 Percent Electric Crew Transfer Vessel at Aberdeen Offshore Wind Farm
IACS Council Advances Decarbonisation, Digitalisation and Governance Priorities at C91 Meeting in Beijing
Japan Launches Major R&D Project to Advance Shipbuilding with Alternative Fuels
EU Adopts Emissions Standards for Low Carbon Hydrogen to Bolster Clean Energy Market
Trafigura to Implement ZeroNorth’s AI Platform Across Global Fleet