Adnoc L&S Secures $4.4 Billion in Supertanker Contracts for Low-Carbon Shipping

Adnoc Logistics & Services (Adnoc L&S) has signed $4.4 billion in contracts this year to build 23 supertankers for low-carbon energy transport.
The company awarded $1.9 billion to China’s Jiangnan Shipyard for 13 ethane and ammonia carriers and $2.5 billion to South Korean shipyards for up to 10 LNG carriers.
These investments support Adnoc’s net-zero goal by 2045, aligning with the UAE’s 2050 target and the International Maritime Organization’s climate objectives.
Adnoc’s ICV programme has...