ADNOC’s shipping arm to acquire three LNG carrier newbuildings

ADNOC Logistics and Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), will purchase three additional LNG carriers.

The vessels will each have a capacity of 175,000 cubic metres, making them significantly larger than the current ADNOC L&S fleet of 137,000-cubic-metre ships.

ADNOC L&S previously announced in April 2022 that it will acquire two LNG vessels, which brings the total number of newbuilding LNG vessels ordered to five. Deliveries are scheduled for 2025 and 2026.

All five LNG carriers will be built at Jiangnan Shipyard in China.