Abu Dhabi, United Arab Emirates – Al Sayer Marine Equipment and Supplies Company, a subsidiary of the International Holding Company, and BGN announced the receipt of the tanker “Mirak”. It is the third giant liquefied petroleum gas tanker equipped with ammonia transportation capabilities. This tanker joins the fleet of their joint entity “EPGC” at Dubai Multi Commodities Centre.
The Merak tanker was delivered on August 14, 2025, by the Korean company Hyundai Samho Heavy Industries.
Its capacity is 86,423 cubic metres, which strengthens Al-Sir Marine’s global leadership position in the shipping industry.
Financing process
Abu Dhabi Islamic Bank led the financing process for the purchase of Mirak. This was along with two additional tankers that were previously delivered.
This is done through banking facilities compatible with Islamic law.
An agreement was reached with Fleet Management, a company operating in Singapore, to manage the tanker Mirak.
The maiden voyage of Mirak began to the Gulf Coast of the United States. Its mission was to load its first shipment of propane and butane.
With the new tanker joining the fleet, the joint entity is left to receive two additional tankers. These are from shipbuilding orders concluded in 2023:
The first is a gas/ammonia tanker being built in Japan by Kawasaki Heavy Industries, scheduled for delivery in October 2025.
The second tanker
The second is a giant liquefied petroleum gas tanker being built by the Korean company Hyundai Samho Heavy Industries. It is expected to be delivered in November 2025.
The “Sir Marine” fleet is informed that the tanker “Mirak” has joined 16 ships. These ships are either directly owned or through its joint entities with leaders in the shipping sector.
The company’s fleet includes a group of liquefied petroleum gas tankers. It also includes crude oil and petroleum product tankers, and giant oil tankers.
In addition to a number of medium-range tankers, bulk cargo ships, and giant liquefied petroleum gas tankers.
This diverse fleet can provide comprehensive coverage of various energy product shipping orders from global markets.
