ADNOC Logistics & Services Plc and Hanwha Ocean Sign Shipbuilding Letter of Intent

ADNOC Logistics and Services plc (ADNOC L&S) (ADX symbol ADNOCLS / ISIN AEE01268A239), and South Korean shipyard Hanwha Ocean Co. Ltd., have signed a Letter of Intent for the construction of a minimum of at least three Liquified Natural Gas (LNG) carriers with options for at least two additional LNG carriers.

According to the terms of the Letter of Intent, each LNG carrier has a capacity of 174,000 cubic meters. The LNG carriers will be scheduled for delivery in 2028.

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About ADNOC Logistics & Services
ADNOC Logistics & Services Plc, listed on the Abu Dhabi Securities Exchange (ADX symbol ADNOCLS / ISIN AEE01268A239) is a global energy maritime logistics company based in Abu Dhabi. Through its three business units, integrated logistics, shipping and marine services, ADNOC L&S delivers energy products to more than 100 customers in over 50 countries. 

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