ADNOC L&S Takes Delivery Of Second LNG Dual-Fuel

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Credit: Pixabay/Pexels

ADNOC confirmed the delivery of the vessel named Hasbhan, says an article published on Offshore-energy.

Global energy demand

This is the second of four LNG-ready newbuild VLCCs scheduled for delivery this year as part of the company’s $2 billion commitment towards building environmentally efficient vessels that cater for rising global energy demand.

VLCC Habshan, designed for long-haul voyages to ship crude to customers worldwide, has a length of 336 metres and a deadweight of 300,000 metric tons, carrying approximately 2 million barrels of crude per voyage.

The spot market

The first vessel, Hafeet, was delivered to ADNOC L&S last month while the third and fourth vessels are scheduled for delivery in Q3 and Q4 2023, respectively.

The vessels, built by Hanwha Ocean, formerly known as Daewoo Shipbuilding and Marine Engineering, at its Okpo Shipyard in Geoje Island, South Korea, are anticipated to trade on the spot market.

Company’s owned fleet

With this latest addition, the company’s owned fleet now stands at 245 vessels in total. Furthermore, ADNOC said the delivery reinforces its commitment to sustainable shipping, which resulted in reducing the carbon intensity of its owned fleet by more than 20% since 2018.

The UAE company also recently deployed five newbuild dual-fuel very large gas carriers (VLGCs). Built at Jiangnan Shipyard in Shanghai, China, these vessels will be owned and operated by AW Shipping, an ADNOC L&S joint venture with Wanhua Chemical Group.

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Source: Offshore-energy