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 is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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