Al Seer Marine, Damen International’s JV awarded AED 1.3bn deal with Tawazun Council

Abu Dhabi – Mubasher: Al Seer Marine Supplies and Equipment Company and Damen International secured a AED 1.30 billion contract with Tawazun Council via their joint venture (JV).

The four-year project award covers manufacturing advanced offshore patrol vessels (OPVs), fostering the UAE's naval capabilities and enhancing maritime security, according to a press release.

The OPVs will be equipped with advanced naval technology and designed with advanced features.

Meanwhile, the JV will contribute to the UAE's efforts to strengthen its maritime security and protect its national interests.

Guy Neivens, CEO of Al Seer Marine, commented: "Tawazun's confidence in the JV capabilities marks a significant milestone, showcasing the strength of our shipbuilding expertise combined with comprehensive fleet support.”

“With our proven track record in manufacturing advanced, globally competitive solutions locally in the UAE, we are committed to enhancing the UAE’s industrial base, ensuring that all the vessels we build uphold the highest levels of operational readiness for national security."

The contract includes a comprehensive Integrated Logistics Support (ILS) package to boost efficiency.

The ILS is developed to enable the vessels to remain mission-ready with minimal downtime, enhancing seamless functionality.

This month, the ADX-listed firm delivered motor tankers Tabit and Rigel, the final two vessels in its series of six newly built Medium Range (MR) tankers ordered from K Shipbuilding Korea.

Mubasher Contribution Time: 24-Mar-2025 14:16 (GMT)
Mubasher Last Update Time: 24-Mar-2025 14:16 (GMT)