Abu-Dhabi ADNOC Logistics and Services, a global energy maritime logistics company, expands its fleet portfolio by taking delivery of the newbuild very large crude carrier (VLCC) Arzanah. This vessel 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 fleet in the fourth quarter of 2023.
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.
VLCC Arzanah, designed for long haul voyages to ship crude to customers, has a length of 336 meters and a deadweight of 300,000 metric tons, carrying approximately 2 million barrels of crude per voyage.
ADNOC claims that its newbuild VLCC fleet is categorized as one of the most environmentally efficient VLCCs in operation today, due 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.
