ADNOC Logistics & Services (L&S) has signed contracts worth $4.4 billion to build 23 new supertankers capable of transporting low-carbon fuels like ethane, ammonia, and liquefied natural gas (LNG).
According to the UAE’s state news agency, the deal will strengthen the country’s energy logistics capabilities and boost global energy transition efforts.
ADNOC L&S’s joint venture, AW Shipping, has signed a $1.9 billion deal to build nine Very Large Ethane...