ADNOC Logistics & Services (ADNOC L&S) has completed the acquisition of two additional VLCCs, taking the total number of these large oil tanker types purchased in 2021 to eight. The VLCC fleet expansion will play a significant role in supporting ICE Murban Futures, which is expected to boost trading of the UAE’s flagship Murban crude oil, enabling it to reach new customers and markets around the globe. The launch of Murban Futures contracts will also allow ADNOC L&S to further improve its...
https://www.themaritimestandard.com/two-more-vlccs-acquired-by-adnoc/