• Tabit has secured AED 170.3 million (USD 46.3 million) time charter with HMM Co. Ltd for a five-year term. Rigel has been delivered to AED 157 million (USD 42.8 million) time charter with Global Horizon Shipping Limited for a five-year term.
• BOCOM Leasing renews its partnership with Al Seer Marine for the third time, increasing its total investment to AED 845.2 million (USD 230 million).
• With the addition of the two new vessels, Al Seer Marine’s fleet of 16 operational vessels now exceeds 1.5 million DWT in total capacity.

Abu Dhabi, 4^th March 2025: Al Seer Marine (ADX: ASM), a frontrunner in the maritime industry and a subsidiary of International Holding Company (ADX: IHC), announced the delivery of motor tankers Tabit and Rigel, the final two vessels in its series of six new build Medium Range (MR) tankers ordered from K Shipbuilding Korea.