Global energy maritime logistics company ADNOC Logistics and Services has taken delivery of the newly built Very Large Crude Carrier (VLCC) Hafeet.
The company said the ship is the first of four dual-engine VLCCs, which can also run on liquefied natural gas (LNG). ADNOC L&S noted that the vessels will be delivered this year to support the company’s smart growth strategy.
ADNOC L&S has committed approximately $2 billion to building more environmentally efficient ships and has successfully reduced the carbon intensity of its owned fleet by more than 20 percent since 2018, the business noted.
“The addition of Hafeet, the first of four newbuild VLCCs to our expanding ADNOC L&S fleet, will increase our power-carrying capacity in line with our ambitious growth strategy,” said Capt. Abdulkareem Al Masabi, CEO of ADNOC L&S, in a company statement.
“Our strategic investment in new, environmentally efficient ships reinforces our commitment to more sustainable shipping and reducing the carbon intensity of our operations, as we continue to work towards the decarbonisation targets of the International Maritime Organization of halve annual greenhouse gas (GHG) emissions from international shipping by 2050,” he added.
Designed for long-haul voyages to ship crude oil to customers around the world, VLCC Hafeet has a length of 336 meters, a deadweight of 300,000 metric tons and can carry approximately two million barrels of crude oil per voyage.
ADNOC L&S noted that its second newbuild VLCC will be delivered later this month, with the third and fourth vessels scheduled for Q3 and Q4 2023 respectively. The vessels, built by Hanwha Ocean, formerly known as Daewoo Shipbuilding and Marine Engineering, at its Okpo shipyard on Geoje Island, South Korea, are expected to be traded on the spot market.
Earlier this year, ADNOC’s shipping and maritime logistics group said it will deploy five new-build Very Large Gas Carriers (VLGCs). The gas carriers were built at Jiangnan Shipyard in Shanghai, China and will be owned and operated by AW Shipping, an ADNOC L&S joint venture with Wanhua Chemical Group (Wanhua).
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