- Navig8 now manages ADNOC L&S’s 20-tanker fleet, including VLCCs, LR2s, and LR1s.
- The partnership aligns with ADNOC L&S’s 80% stake in Navig8.
- Integration enhances fleet performance, customer service, and operational efficiency.
- Leaders from both companies emphasize growth, value creation, and synergy.
- The tankers are now commercially marketed under Navig8’s management.
Navig8 has announced, via Navig8’s official channels, the commercial management of ADNOC Logistics & Services’ (ADNOC L&S) 20-tanker fleet. This fleet includes eight Very Large Crude Carriers (VLCCs), eight LR2 tankers, and four LR1 tankers, now integrated into Navig8’s global pooling systems.
This collaboration follows ADNOC L&S’s acquisition of an 80% stake in Navig8, marking a major step toward operational alignment and enhanced service delivery.
Statements from Leadership
Navig8’s CEO, Nicolas Busch, emphasized the partnership’s role in strengthening their global operations and fostering growth. Similarly, Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, highlighted the strategic value of leveraging Navig8’s expertise to enhance services and create new opportunities.
Future Outlook
The vessels are now commercially marketed under Navig8, reinforcing the shared commitment of both companies to delivering exceptional service and driving growth in the global maritime sector.
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Source: Navig8