UAE - Mubasher: ADNOC Logistics & Services (L&S), the maritime arm of ADNOC, has acquired an Ultramax bulk carrier (Al Karama) with a deadweight of 64,000 metric tonnes.
This step came after ADNOC L&S had acquired two Ultramax carriers earlier this year, according to a press release on Thursday.
These vessels enable ADNOC to deliver products to its customers across the world, namely the transport of sulphur from facilities in Ruwais, supporting the long-term sulphur supply agreement between ADNOC and OCP Morocco.
Recently, the MV Ghantout, a smaller class of bulk carrier with a capacity of 23,000 metric tonnes, has also joined the ADNOC L&S fleet.
Hence, these four vessels will raise ADNOC L&S’s bulk cargo tonnage by 214,000 metric tonnes.
The CEO of ADNOC L&S, Abdulkareem Al Masabi, said: "As we continue to invest in our shipping fleet to service our global network of customers, we remain focused on delivering a safer and smarter growth strategy in shipping, driving growth opportunities and creating value for ADNOC, Abu Dhabi and the UAE."
