ADNOC Logistics receives 1st new-build LNG carrier from China

Abu Dhabi – Mubasher: ADNOC Logistics & Services (ADNOC L&S) welcomed Al Shelila, the first of six new-build liquified natural gas (LNG) carriers from Jiangnan Shipyard in China.

The vessel has been delivered two months ahead of schedule, according to a press release.

The remaining five are expected to be delivered in 2025 and 2026.  

Abdulkareem Al Masabi, CEO of ADNOC L&S, elaborated: “In Arabic, ‘Shelila’ represents strength and grace, qualities that reflect the legacy of our forefathers’ vessels.”

“As we expand our fleet to meet rising global demand for natural gas, our deepening partnership with Jiangnan Shipyard underscores the strong industrial ties between the UAE and China, reinforcing our shared commitment to powering global economic growth,” Al Masabi mentioned.

ADNOC L&S awarded shipbuilding contracts to Jiangnan Shipyard in 2022 for the six LNG carriers as part of its strategic fleet expansion to meet the growing global demand for natural gas as a lower-carbon energy source.

Al Shelila has a capacity of 175,000m3, larger than the 137,000m3 capacity of ADNOC L&S’ current LNG carriers.  It includes two new-generation LNG dual-fuel main engines, as it is designed to lower methane emissions by up to 50% compared to older-generation technology.

During 2024, the company strengthened its asset base with new build contracts for up to 23 new energy-efficient vessels, including 8-10 LNG carriers, nine very large ethane carriers (VLECs) and four very large ammonia carriers (VLACs), adding in excess of 340 years of contracted income year-to-date.

Mubasher Contribution Time: 25-Nov-2024 10:34 (GMT)
Mubasher Last Update Time: 25-Nov-2024 10:35 (GMT)