Al Seer Marine, Dry bulk tonne-mile trade is forecast to grow by 1.4% in 2022 globally
ASM,Al Seer Marine PJSC a global player across multiple marine sectors and subsidiary of International Holding Company (IHC), is expanding to provide freight solutions for bulk cargoes globally through its subsidiary, ASM Chartering, a press statement indicated.
This subsidiary will focus on delivering effective and efficient freight services for cargo interests internationally, focused on the Middle East market.
As part of ASM’s worldwide growth strategy on commercial management, ASM Chartering intends to transport approximately 2-3mn tonnes of bulk cargoes in 2022.
At present, ASM manages a total of five dry bulk and general cargo ships and provided freight solutions to an international mining group for approximately 850,000 MT of iron ore from Asia Pacific to East Asia.
ASM is currently in negotiations for a long-term contract for carriage of 2mn tonnes annually.
“We have seen a global rise in demand for dry bulk tonne-mile trade with 2021 recording a 3.7% increase, while this year, continued growth is forecast at about 1.4%,” commented Guy Neivens, CEO, Al Seer Marine.
ASM is a global leader in marine services and has been expanding rapidly in the commercial shipping segment, the press communique concluded.
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