Al Seer Marine Supplies & Equipment Company P.J.S.C expanding to provide freight solutions for bulk cargoes globally through its subsidiary, ASM Chartering. This subsidiary will focus on delivering effective and efficient freight services for cargo interests internationally, focused on the Middle East market. As part of ASM's worldwide growth strategy on commercial management, ASM Chartering intends to transport approximately 2-3 million tons of bulk cargoes in 2022.

At present, ASM manages a total of five dry bulk and general cargo ships and provided freight solutions to an international mining group for approximately 850,000 metric tons of iron ore from Asia Pacific to East Asia. Al Seer Marine is currently in negotiations for a long-term contract for carriage of 2 million tons annually.