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Al Seer Marine awarded AED 47.6 million contract to deliver high-speed interceptor vessels to Albwardy Damen in Sharjah

Summary by Biz Today
News Desk ABU DHABI: Al Seer Marine (ADX: ASM), a frontrunner in advanced maritime solutions and a subsidiary of International Holding Company (ADX: IHC), has secured a production agreement valued at AED 47.6 million to deliver high-speed interceptor vessels to Albwardy Damen (Damen Shipyards Sharjah – DSSh). Delivery will span 42 months, with the units slated for integration into offshore patrol vessels (OPVs). All vessels will be designed, bui…
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Biz Today broke the news in on Tuesday, May 20, 2025.
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