Ambitious Abu Dhabi shipowner Al Seer Marine has revealed it is now “the cornerstone investor” in giant compatriot shipping company Adnoc Logistics & Services (Adnoc L&S).

The Adnoc subsidiary listed on 1 June after an initial public offering (IPO) on the Abu Dhabi Securities Exchange, raising more than $607m.

Revitalised DOF plots Oslo IPO under bank and bondholder ownership
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