
ADNOC JV Awards $1.9 Billion Contracts for Ethane and Ammonia Carriers
In the UAE, ADNOC Logistics and Services announced that AW Shipping, its joint venture with Wanhua Chemical Group, has awarded contracts worth $1.9 billion to Jiangnan Shipyard for the construction of up to 13 new vessels. The order includes nine Very Large Ethane Carriers (VLECs) and four Very Large Ammonia Carriers (VLACs). The VLECs, with […]