GLNG: ADNOC orders two LNG tankers from Shanghai yard

Abu Dhabi National Oil Co. (ADNOC) has confirmed it is to order two 175,000 cubic metre LNG tankers from Shanghai’s Jiangnan Shipyard as part of plans to expand its shipping fleet and to raise LNG production.

ADNOC Logistics & Services (ADNOC L&S), the company’s shipping unit, said on April 12 that it had signed a contract for the construction of two 175,000 cubic metre LNG vessels and expected that they would be delivered in 2025.

ADNOC said that the new vessels would support its existing LNG business and its ambitions to grow its LNG production capacity.

The vessels will be significantly larger than ADNOC’s existing ships, which have a capacity of 137,000 cubic metres, and will use 10% less fuel.

The acquisition of larger, more energy-efficient vessels will allow ADNOC L&S to meet growing customer demand while improving the environmental footprint of its fleet.

The new vessels’ engine technology will slash emissions (CO2, NOX and SOX ) and, in combination with the innovative air lubrication system, further reduce fuel consumption by at least 10%.

Jiangnan Shipyard has already built five very large gas carriers (VLGCs) for AW Shipping, ADNOC L&S’ joint venture company with China’s Wanhua Chemical Group.

Over the past two years, ADNOC L&S has acquired 16 deep-sea vessels, including eight very large crude carriers (VLCCs) with 16mn barrels of capacity, and six product tankers, which expanded the product tanker fleet capacity to over 1mn tonnes.