Today's Edition
ABU DHABI (ALETIHAD)
ADNOC Logistics and Services (ADNOC L&S), a global leader in energy maritime logistics and a subsidiary of ADNOC Group, has taken delivery of its second newbuild liquified natural gas (LNG) carrier, “Al Rahba”, from Jiangnan Shipyard in China. A statement to this effect was posted on the website of the Abu Dhabi Securities Exchange (ADX), where it is listed as a publicly traded company.
“The delivery marks a key milestone in ADNOC L&S’s strategic fleet expansion programme, which commenced in 2022 with the awarding of contracts to Jiangnan Shipyard for the construction of six state-of-the-art LNG carriers, the statement said.
The acquisition of 'Al Rahba' further strengthens the company’s shipping capabilities amid growing global demand for cleaner energy solutions.
With a capacity of 175,000 cubic metres, ‘Al Rahba’ is equipped with advanced energy-efficient technologies. These include two new-generation LNG dual-fuel main engines designed to cut methane emissions by up to 50% compared to older-generation vessels, supporting ADNOC’s broader commitment to environmental sustainability and operational excellence.
ADNOC L&S operates through three primary business units – Integrated Logistics, Shipping, and Services. The company delivers energy products and maritime solutions to more than 100 customers across over 50 countries. Its subsidiaries include 100%-owned Zakher Marine International Holdings, which is an Abu Dhabi-based owner and operator of offshore support vessels.
ADNOC L&S also owns an 80% stake in Navig8, a global ship owner and commercial pools operator also offering bunkering and ship management solutions.
The net capitalisation of ADNOC L&S, according to the latest ADX data, is Dh32.93 billion.
