A joint venture between Abu Dhabi’s Al Seer Marine and Damen International is expanding its operations into the commercial shipbuilding market.
The ADX-listed subsidiary of the International Holding Company (IHC) and the company, which is part of the well-known Dutch shipbuilder and the Damen family, said they expect to build over 26 vessels within the UAE over the course of next year to serve both domestic and international clients.
The jv called Dune, which since its establishment in 2022 focused on naval shipbuilding, will moving forward leverage the combined expertise and infrastructure of Al Seer Marine’s facility in Abu Dhabi and Albwardy Damen’s shipyards in Sharjah, Fujairah, and Dubai.
“By leveraging our advanced manufacturing capabilities and extensive UAE-based production facilities, coupled with Damen’s family robust shipyards in the region, we are confident in our ability to deliver innovative and efficient maritime solutions,” said Annelies Damen, board member of Damen International.
In addition to shipbuilding, Dune covers technical, operational, commercial and newbuild project management, as well as operational and financial business management and sales and acquisitions of commercial and naval vessels from the UAE.
