Adnoc L&S unveils Integrated Logistics Services Platform – Gulf Today
Adnoc L&S unveils Integrated Logistics Services Platform – Gulf Today
The new launch reinforces Adnoc L&S’ position as the region’s largest shipping and integrated logistics company.
Adnoc Logistics & Services (Adnoc L&S) has unveiled its Integrated Logistics Services Platform (ILSP), one of the largest turnkey offshore logistics offerings in the world that enables coordinated end-to-end management of logistics and maritime operations at its base in Mussafah, Abu Dhabi.
As part of the launch of the ILSP project, Adnoc L&S confirms that it signed a $2.6 billion (Dhs9.5 billion) contract with Adnoc Offshore to provide integrated logistics services. The agreement runs for five years, with the option of a five-year extension, and includes the provision of port services, warehouse operations, heavy lifting, material handling and shipping, rig and barge moves, marine terminal operations and waste management services. Over 80% of the contract value will flow back into the UAE’s economy through Adnoc’s successful In-Country Value (ICV) programme.
Captain Abdulkareem