Adnoc L&S has been rapidly boosting its fleet capacity in recent years. Photo: Adnoc L&SShow caption: Adnoc L&S has been rapidly boosting its fleet capacity in re…Nine of them were acquired on the secondary market and are scheduled for delivery in the third quarter of the year
Adnoc Logistics and Services has acquired 11 vessels — five very large gas carriers and six very large crude carriers — for approximately $1.3 billion.
Nine of the vessels were purchased on the secondary market and are scheduled for delivery in the third quarter of 2025.
The acquisition follows a $900 million order for four new liquefied natural gas vessels last month.
Adnoc L&S upgraded its full-year 2026 financial guidance in June, projecting net profit to surge more than 60 per cent amid strong shipping performance.
