GasMiddle East

ADNOC Logistics & Services signs for more LNG newbuilds

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the state-owned Abu Dhabi National Oil Company (ADNOC), is bolstering its LNG carrier fleet, as a repeat client at a Chinese yard.

Clarksons Research Services reports the Middle Eastern shipowner has declared options for two 175,000 cu m ships at Jiangnan Shipyard as well as signing for a further one firm, plus one option deal at the same yard, bringing the owner’s series at Jiangnan to six vessels. The units are due for delivery across 2025 and 2026. No price has been revealed for this latest contract.

Jiangnan Shipyard was previously commissioned by ADNOC L&S in 2020 to build five VLGCs for AW Shipping, ADNOC L&S’ joint venture with China’s Wanhua Chemical Group.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
Back to top button