{"id":70251,"date":"2023-04-18T00:00:00","date_gmt":"2023-04-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/adnocs-logistics-unit-adds-5-new-gas-carriers-to-its-fleet-asyad-announces-2-additions-to-its-maritime-capabilities\/"},"modified":"2023-04-18T00:00:00","modified_gmt":"2023-04-18T00:00:00","slug":"adnocs-logistics-unit-adds-5-new-gas-carriers-to-its-fleet-asyad-announces-2-additions-to-its-maritime-capabilities","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/adnocs-logistics-unit-adds-5-new-gas-carriers-to-its-fleet-asyad-announces-2-additions-to-its-maritime-capabilities\/","title":{"rendered":"Adnoc\u2019s logistics unit adds 5 new gas carriers to its fleet + Asyad announces 2 additions to its maritime capabilities"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Adnoc L&S expands its gas carrier fleet with new VLGCs:<\/span><span style=\"\"> State-owned Abu Dhabi <\/span><span>National Oil Company\u2019s (Adnoc) shipping and maritime logistics arm, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adnoc.ae\/en\/adnoc-ls\" style=\"\">Adnoc L&S<\/a><\/span><span>,<\/span><span> has added five new-build Very Large Gas Carriers (VLGC) to its fleet, the company said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2023\/adnoc-l-and-s-expands-its-shipping-fleet-with-deployment-of-five-very-large-gas-carriers\" style=\"\">press release<\/a><\/span><span> last week<\/span><span>. The carriers will be owned and operated by AW Shipping, an Adnoc L&S JV with <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.whchem.com\/\" style=\"\">Wanhua Chemical Group<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What will the carriers be used for?<\/span><span> The carriers will be used to transport <\/span><span>liquified<\/span><span> petroleum gas (LPG) sourced from Adnoc and other global suppliers to Wanhua\u2019s manufacturing bases in China and across the world. The AW shipping JV was formed in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adnoc.ae\/en\/news-and-media\/press-releases\/2020\/adnoc-lns-and-wanhua-chemical-group-form-strategic-shipping-joint-venture\" style=\"\">2020<\/a><\/span><span> to support <\/span><span style=\"font-weight:400;\">a 10-year LPG supply contract signed between the two companies in 2018, the statement said. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The details:<\/span><span style=\"font-weight:400;\"> The five carriers \u2014 Al Ain, Zakher, Rabdan, Al Salam, and Baynounah \u2014 were built at Jiangnan Shipyard in Shanghai. Each has a capacity of 86k cubic meters, and are equipped with dual-fuel engine technology, using LPG as their primary fuel source, the statement said. This makes them among the lowest-emission vessels of this type, it added.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What they said:<\/span><span style=\"font-weight:400;\"> \u201cThe addition of these new-build, lower-emission vessels to Adnoc L&S\u2019 growing fleet of over 800 owned, operated and chartered vessels, represents another important milestone as we bolster our capacity to capitalize on growing global energy demand,\u201d Adnoc L&S CEO Abdulkareem Al Masabi said. \u201cNatural gas is playing an increasingly important role in the global energy landscape and Adnoc L&S is expanding its gas fleet to serve customer demand, while reducing the carbon intensity of our vessels.\u201d<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">More VLGCs to come:<\/span><span style=\"font-weight:400;\"> Jiangnan Shipyard is building LNG carriers for Adnoc L&S, scheduled to be delivered in 2025 and 2026, according to the statement. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Asyad Line acquires new vessel + doubles frequency of India-GCC service:<\/span><span>Oman-based <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/asyad.om\/ports\/direct-lines\" style=\"\">Asyad Line<\/a><\/span><span> (ASL)<\/span><span>, part of logistics firm Asyad Group, is also adding a brand new 2.8k-TEU vessel to its commercial fleet, and is increasing the frequency of one of its flagship lines linking India with the GCC, it said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/asyad.om\/who-we-are\/media-center\/news\/2023\/04\/12\/asyad-line-bolsters-shipping-capabilities-to-meet-global-demand\" style=\"\">press release<\/a><\/span><span>.<\/span><span>  The new vessel ASL acquired has a capacity of 2.8k TEU, the statement said, without disclosing further details. <\/span><span style=\"font-weight:400;\">ASL has also doubled the frequency of its India Express Service service \u2014 connecting major GCC and Indian ports \u2014 to four sailings per month, up from two per month, as a response to increasing global and regional demand, according to the statement. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">About IEX:<\/span><span style=\"\"> The IEX Service provides a direct route connecting Oman\u2019s ports to India\u2019s, going through Sohar Port, Dubai\u2019s Jebel Ali, Qatar\u2019s Hamad Port, and Saudi Arabia\u2019s King Abdul Aziz Port in Dammam, as well as Mundra, Nhava Sheva and Hazira ports in India. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adnoc L&#038;S expands its gas carrier fleet with new VLGCs: State-owned Abu Dhabi National Oil Company\u2019s (Adnoc) shipping and maritime logistics arm, Adnoc L&#038;S, has added five new-build Very Large Gas Carriers (VLGC) to its fleet, the company said in a press release last week. The carriers will be owned and operated by AW Shipping, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":70252,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[778],"tags":[17,25,34,33],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-70251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime","tag-enterprise-logistics","tag-logistics","tag-maritime","tag-shipping","wpautop","entry"],"acf":{"mongo_id":"bedb6720-a924-4762-9c4f-563c056cad25","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/4\/639.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[70238],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/4\/.8a924499-2e13-41f5-a2a7-62b18f4ec1ad.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Adnoc\u2019s logistics unit adds 5 new gas carriers to its fleet + Asyad announces 2 additions to its maritime capabilities - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2023\/04\/18\/adnocs-logistics-unit-adds-5-new-gas-carriers-to-its-fleet-asyad-announces-2-additions-to-its-maritime-capabilities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Adnoc\u2019s logistics unit adds 5 new gas carriers to its fleet + Asyad announces 2 additions to its maritime capabilities\" \/>\n<meta property=\"og:description\" content=\"Adnoc L&amp;S expands its gas carrier fleet with new VLGCs: State-owned Abu Dhabi National Oil Company\u2019s (Adnoc) shipping and maritime logistics arm, Adnoc L&amp;S, has added five new-build Very Large Gas Carriers (VLGC) to its fleet, the company said in a press release last week. 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