Al Seer Marine is focused on consolidating cargo volumes in the next 6 months
Abu Dhabi’s Al Seer Marine, a global player across multiple marine sectors and subsidiary of International Holding Company (IHC), recently announced a strong quarterly performance for Q2/2022, recording AED 882.97mn in profit, an increase of 115% for the same period last year.
Al Seer Marine’s growth jumped significantly by a record 74%, compared to Q2 of last year, with revenue at AED 474.82mn; while assets measured AED 11.58bn. These solid financials are driven by Al Seer Marine’s strategic investments, diverse management, and product services with its most recent venture in freight solutions of bulk cargoes; as well as vessel acquisitions of VLGCs and VLCCs, which continue to bolster its extensive portfolio as a world-leading maritime company, a press communique stated.
“We anticipate an equally strong performance in the second half of 2022 through further organic growth, profitable acquisitions and an astute strategy to meet market demand in dry bulk ton-mile trade,” commented Guy Neivens, CEO, Al Seer Marine.