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Adnoc Logistics allocates 4.8B dirhams for 11 tankers

Adnoc Logistics allocates 4.8B dirhams for 11 tankers

Adnoc Shipping and Services announced an investment of AED 4.8 billion (approximately USD 1.3 billion) to add 11 new tankers to its fleet, including five modern大型天然气船 and six大型原油船. This investment aims to enhance its capabilities in transporting gas and oil, support the growth of Adnoc's exportation, and increase the flexibility of its marine operations. The delivery of the tankers is planned for the third quarter of 2026, with two vessels currently under construction expected to be received in the fourth quarter of the same year, with the goal of expanding the shipping platform and achieving sustainable short-term financial returns.

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