Global energy powerhouse BGN and Al Seer Marine are working together to supply the growing global demand for cleaner fuel-burning sources. Through their AED 625 million (USD 170 million) joint venture, ABGC DMCC, the two companies collaborate on purchasing vessels used for transporting liquefied petroleum gas (LPG) around the globe. ABGC DMCC recently purchased three VLGCs powered by LPG fuel for ABGC DMCC: two 88,000 m3 carriers from Hyundai Samho Heavy Industries and one 86,700 m3 liquefied petroleum gas (LPG) and liquefied ammonia gas (NH3) carrier from Kawasaki Heavy Industries Ltd. (KHI).

The new carriers are due for delivery in the last quarter of 2025 and the first quarter of 2026. The partners said the overall objective of ABGC DMCC is to provide cost-effective, scalable infrastructure solutions to facilitate the growing interest in LPG transport and storage where ship transport is the primary or earliest available export option. Strategically increasing ABGC DMCC's fleet is a prudent way to accelerate lowering the carbon footprint in the energy industry.