ADNOC L&S expands fleet with five very large gas carriers

ADNOC L&S expands fleet with five very large gas carriers

ADNOC L&S, the shipping and maritime logistics unit of the Abu Dhabi National Oil Company (ADNOC), has expanded its fleet with the deployment of five new-build Very Large Gas Carriers (VLGC). The logistics and maritime services provider said the carriers have a capacity of 86,000 cubic metres. The gas carriers were built at Jiangnan Shipyard in Shanghai, China and will be owned and operated by AW Shipping – an ADNOC L&S joint venture with Wanhua Chemical Group (Wanhua). “The addition of this new-build, lower-emission vessels to ADNOC L&S’ growing fleet of over 800 owned, operated and chartered vessels, represents another important milestone as we bolster our capacity to capitalise on growing global energy demand,” said Abdulkareem Al Masabi, the company’s CEO and chairman of AW Shipping. The VLGCs, which transport liquified petroleum gas (LPG), are expected to provide ADNOC L&S greater flexibility to meet growing global gas demand as natural gas is playing a critical role as a lower carbon-intensity fuel for the energy transition. The carriers have dual-fuel engine technology and use LPG as their primary fuel source, making them among the lowest-emission vessels of this type. AW Shipping will own and operate the carriers, transporting LPG cargoes sourced