Nine of the vessels, six VLCCs and three VLGCs, were acquired on the secondary market and are scheduled for delivery in Q3 2026. They will enter service with ADNOC immediately following delivery.
The remaining two VLGCs are newbuild vessels acquired through a resale transaction from a leading Chinese shipyard, with delivery scheduled for Q4 2026.
The transactions provide near-term operational and earnings potential while increasing the scale, flexibility and resilience of the company’s shipping platform.
About ADNOC Logistics & Services
- listed on the Abu Dhabi Securities Exchange;
- is a global leader in integrated maritime logistics for the energy sector based in Abu Dhabi;
- delivers energy products and solutions to more than 100 customers in over 50 countries;
- key subsidiaries include Zakher Marine International Holdings (100% ownership), an Abu Dhabi-based owner and operator of self-propelled offshore support vessels; and Navig8 (80% ownership), a global ship owner and commercial pools operator also offering bunkering and ship management solutions.
