United Arab Emirates’ ADNOC Logistics & &Services (ADNOC L&S) has actually broadened its fleet with the implementation of 5 new-build Very Large Gas Carriers (VLGC), state information company WAM reported on Thursday.
The providers of the delivery and also maritime logistics arm of state oil titan Abu Dhabi National Oil Company each have an ability of 86,000 cubic metres. The providers were developed at Jiangnan Shipyard in Shanghai, China, and also will certainly be possessed and also run by AW Shipping, an ADNOC L&S joint endeavor with Wanhua Chemical Group (Wanhua), WAM included.
The providers have dual-fuel engine innovation and also make use of melted oil gas (LPG) as their key gas resource, making them amongst the lowest-emission vessels of this kind, WAM claimed.
“Natural gas is playing an increasingly important role in the global energy landscape and ADNOC L&S is expanding its gas fleet to serve customer demand, while reducing the carbon intensity of our vessels,” WAM priced quote Abdulkareem Al Masabi, the CHIEF EXECUTIVE OFFICER of ADNOC L&S and also chairman of AWShipping
The VLGCs will certainly carry LPG freights sourced from ADNOC and also various other international providers to Wanhua’s production bases in China and also around the globe, WAM reported. AW Shipping was developed in 2020 to sustain a 10-year LPG supply agreement checked in 2018 in between ADNOC and also Wanhua, WAM included.
(Reuters – Reporting by Nayera Abdallah/Editing by David Goodman, Kirsten Donovan)
