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Abu Dhabi-based Al Seer Marine (ASM), a subsidiary of International Holding Company (IHC), has recently taken delivery of Betelgeuse and Bellatrix, the first two in a series of six newbuild MR tankers ordered from K Shipbuilding of Korea. The company says these new additions are intended to meet rapidly growing demand for the transportation of clean petroleum products and chemicals.
Both ships were contracted from K Shipbuilding in November 2022, when Al Seer Marine ordered four IMO II/III tankers, followed by an additional two in February 2023.
According to Nitin Mathur, Head of Commercial Shipping at Al Seer Marine, “This investment aligns with the company’s broader strategy to enhance its commercial shipping portfolio, ensuring resilience and adaptability in a dynamic market environment. Each of these six state-of-the-art MR tankers is equipped with an Exhaust Gas Cleaning System (EGCS). Moreover, they are built ready for alternative fuels such as LNG, ammonia, and methanol, making them perfectly suited for future usage in a rapidly evolving industry, ensuring compliance with the strictest environmental regulations for decades to come.”
The 49,757 dwt Betelgeuse and Bellatrix, are designed to carry six fully segregated grades of cargo and will be chartered to Reliance Industries (Middle East) to trade globally.
