NEWS&NOTICE
Subject Hanwha Ocean delivers 3rd of four LNG dual-fuel VLCCs to ADNOC L&S
Reg. date 2023-08-25 Views 1773

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[Safty4sea/ August 24, 2023] ADNOC Logistics and Services (ADNOC L&S) announced that taking delivery of a third newbuild very large crude carrier (VLCC). The vessel “Arzanah” is the third of four LNG dual-fuel VLCCs delivered this year.

 

Two VLCCs were delivered in June and July, while the fourth is set to join the ADNOC L&S fleet in the fourth quarter. These vessels are anticipated to trade on the spot market and are built by Hanwha Ocean, formerly known as Daewoo Shipbuilding and Marine Engineering, at its Okpo Shipyard in Geoje Island, South Korea.

 

According to the company, the newbuild VLCC fleet is categorized as one of the most environmentally efficient VLCCs in operation today, thanks to its LNG dual-fuel engine that is designed to run on the lower emitting transitional fuel Liquified Natural Gas (LNG).

 

ADNOC L&S has committed approximately $2 billion to building environmentally efficient vessels and has successfully reduced the carbon intensity of its owned fleet by more than 20% between 2018 and 2022.