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Adnoc to add over 25 vessels in fleet expansion spree

Adnoc Logistics & Services, the shipping division of Abu Dhabi National Oil Company, plans to acquire its first crude oil tankers while expanding its gas and bulker fleet within the next five years. The oil company also intends to triple production of petrochemicals and double its crude-refining capacity by 2025

The company has entered into a contract to supply 1m tonnes of LPG per year to China’s Wanhua Petrochemical for 10 years


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