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Posted By OrePulse
Published: 14 Oct, 2024 08:03

UAE-China partnership expands with new shipbuilding contracts

By:Logisticsmiddleeast

ADNOC Logistics and Services (ADNOC L&S), in partnership with Wanhua Chemical Group through AW Shipping, has announced the awarding of $250 million contracts to China’s Jiangnan Shipyard for the construction of two Very Large Ammonia Carriers (VLACs).

The contracts, signed in Abu Dhabi during the opening ceremony of Jiangnan Shipyard’s first Middle East office, follow an initial agreement made in July 2024 in China for two vessels, with an option to order an additional two.

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