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ADNOC L&S Expands LNG Fleet with Order for Four New Carriers in International Shipping News 11/07/2026 ADNOC Logistics and Services plc today announced a newbuilding order for an additional four next-generation LNG carriers with a total value of approximately USD 900 million (AED 3.3 billion). Each vessel has a capacity of 175,000 m³, enabling the efficient transport of growing global gas production to meet rising demand around the world. The vessels, with delivery scheduled for 2029, will be constructed at Jiangnan Shipyard in Shanghai, China. The contract was signed in Shanghai during a ceremony witnessed by His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO; H.E. Hussain Al Hammadi, UAE Ambassador to China; H.E. Hassan Al Nowais, Undersecretary of Ministry of Industry and Advanced Technology; Mr. Wang Guoqiang, General Manager of CSSC; and Mr. Kou Guangwu, President of Wanhua Chemical. The signatories were Captain Abdulkareem Al Masabi, CEO of ADNOC L&S and Mr. Xiao Wenlin, Chief Executive Officer of Jiangnan Shipyard. His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO; Mr. Wang Guoqiang, General Manager of CSSC; Captain Abdulkareem Al Masabi, CEO of ADNOC L&S and Mr. Xiao Wenlin, Chief Executive Officer of Jiangnan Shipyard and Hu Kai the Chairman of Chiona Shipbuilding trading Company CSTC. Captain Abdulkareem Al Masabi said: “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.” The latest order brings ADNOC L&S’ total LNG newbuild program to
ADNOC L&S Expands LNG Fleet with Order for Four New Carriers
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