A new joint venture company, AW Shipping, has been created to serve the Wanhua and ADNOC groups in the transportation of LPG and other petroleum products. The plan is that AW Shipping will own and operate a fleet of large gas carriers and product tankers and will support a 10-year LPG supply contract signed between Abu Dhabi-based ADNOC and Wanhua of China.
The new company will be responsible for transporting cargoes, sourced from the ADNOC group and global suppliers, to Wanhua’s manufacturing...
https://www.themaritimestandard.com/adnoc-ls-and-wanhua-form-shipping-joint-venture/