ADNOC L&S lines up three more VLGCs for $324m

Abu Dhabi-listed ADNOC Logistics & Services is investing AED1.19bn ($324m) in three 90,000 cu m VLGC newbuildings as it continues one of shipping’s more aggressive fleet expansion programmes. The three ships are scheduled for delivery in the second half of 2029 and have already been secured on seven-year contracts with ADNOC Global Trading. The yard … Read full article →