Abu Dhabi-based Al Seer Marine has ordered a quartet of product tankers at K Shipbuilding in South Korea.
K Shipbuilding, which until 2021 was known as STX, will deliver the four IMO II/III-type tankers to the fast-expanding shipowner before the end of the fourth quarter of 2024.
Al Seer has valued the contract for the four ships at AED 643m ($175m).
