• A strategic alliance between Al Seer Marine – Damen International Joint Venture, and Tawazun Council to bolster the UAE’s naval capabilities.

• Delivering state-of-the-art Offshore Patrol Vessels (OPVs) to enhance the UAE’s maritime security and defense.

Abu Dhabi, 24 March 2025: Al Seer Marine (ADX: ASM), a frontrunner in the maritime industry and a subsidiary of International Holding Company (ADX: IHC) and Damen International, an Abu Dhabi company, part of the Damen family which is known from the renowned global shipbuilding company Damen Shipyards Group announce that their Joint Venture has secured a significant AED 1.3 billion contract with Tawazun Council to manufacture advanced Offshore Patrol Vessels (OPVs). This four-year project will bolster the UAE’s naval capabilities and enhance maritime security.

Continue reading Al Seer Marine and Damen International Joint Venture Secure AED 1.3 Billion Contract with Tawazun Council to Build Naval Vessels →