Abu Dhabi’s Al Seer Marine has bolstered its capital structure, securing a $207m financing facility from Abu Dhabi Commercial Bank (ADCB) to support diversified fleet growth and strategic investments.

The ADX-listed subsidiary of the International Holding Company (IHC) said the eight-year loan is backed by first-priority mortgages on a selected group of operating vessels. The company has not disclosed which specific vessels were pledged as collateral under the facility.

This marks the second financing deal between the two entities in 2025 alone. Earlier this year, ADCB had arranged a $57.2m loan for ASBI Shipping—the joint venture between Al Seer Marine and B Shipping—targeted at acquiring small and midsize LPG tankers.

“With this funding arrangement, we’re well-placed to serve the country’s momentum to accelerate investment across LNG, LPG, crude oil, and petrochemicals,” said Guy Neivens, chief executive of Al Seer Marine.

Al Seer has become a regular client of regional banks, having also worked with Abu Dhabi Islamic Bank (ADIB) and First Abu Dhabi Bank (FAB). The company has additionally developed relationships with international lenders, including BOCOM Leasing of China.

Al Seer Marine said the new funding will support its broad investment roadmap, which includes bolstering its trading fleet and deepening its presence in high-growth shipping segments. Beyond traditional shipping, the company is also involved in naval shipbuilding, unmanned surface vessel (USV) technology, and marine infrastructure, including an initiative to build the world’s largest 3D printer.