ADNOC Logistics and Services (ADNOC L&S) has ordered four new liquefied natural gas (LNG) carriers from China’s Jiangnan Shipyard for about $900 million, expanding its LNG newbuild program to 18 vessels, while
ADNOC Logistics and Services (ADNOC L&S) has ordered four new liquefied natural gas (LNG) carriers from China’s Jiangnan Shipyard for about $900 million, expanding its LNG newbuild program to 18 vessels, while also taking delivery of the first of four very large ammonia carrier (VLAC) newbuilds.
The four ships will each have a capacity of 175,000 cubic meters and are scheduled for delivery in 2029. They will be built at Jiangnan Shipyard in Shanghai.
The agreement was signed during a visit to the shipyard by ADNOC Managing Director and Group CEO Sultan Ahmed Al Jaber. ADNOC L&S CEO Abdulkareem Al Masabi and Jiangnan Shipyard CEO Xiao Wenlin signed the contract.
“As global demand for natural gas continues to rise, this latest order reflects our confidence in the strong fundamentals of the LNG shipping market. Building on our robust earnings growth and diversified operations, we are investing in a next-generation fleet to efficiently connect key supply sources with high-growth demand centres and support the global energy transformation,” Al Masabi said.
ADNOC L&S has already taken delivery of six 175,000-cubic-metre LNG carriers from Jiangnan Shipyard, valued at $1.2 billion. Five of those vessels have been deployed since May 2026 on contracts of
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