ADNOC acquires boxship from Celsius Shipping

ADNOC acquires boxship from Celsius Shipping

Abu Dhabi National Oil Company (ADNOC) has purchased 2,800 teu sub-panamax teu containership GH Mistral from Danish owner Celsius Shipping.

The vessel has been renamed Al Reem I under UAE flag. While the sale price was not disclosed, MSI values the ship at $10.6m.

ADNOC currently operates a container shuttle service connecting Khalifa to Ruwais with a fleet of four boxships.

Last week, ADNOC secured a three-year shipping contract from petrochemical company Borouge to transport 11 million tonnes of polymers from Ruwais container terminal to Khalifa and Jebel Ali Ports.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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