ADNOC Logistics & Services plc (ADNOC L&S, ADX symbol ADNOCLS / ISIN AEE01268A239) today announced the exercise of options for two additional next-generation LNG carriers from Jiangnan Shipyard in Shanghai, China, for a total value of USD 444 million. Each vessel has a capacity of 175,000 m³, with delivery scheduled in 2029.

Including this latest investment, ADNOC L&S has announced approximately USD 2.7 billion in vessel acquisitions and newbuild commitments in 2026. With these latest acquisitions, ADNOC L&S’ LNG carrier fleet now sits at 24 vessels, including four legacy vessels, six next-generation carriers delivered since Q4 2024, and an additional 14 under construction.

Strong profitability and cash generation continue to support investment in fleet expansion. Upon delivery, these new vessels are expected to be deployed on long-term charters.

About ADNOC Logistics & Services

ADNOC Logistics & Services plc, listed on the Abu Dhabi Securities Exchange (ADX symbol ADNOCLS / ISIN AEE01268A239) is a global leader in integrated maritime logistics for the energy sector based in Abu Dhabi. Through Integrated Logistics, Shipping and Services ADNOC L&S delivers energy products and solutions to more than 100 customers in over 50 countries. Key subsidiaries include Zakher Marine International Holdings (100% ownership), an Abu Dhabi-based owner and operator of self-propelled offshore support vessels; and Navig8 (80% ownership), a global ship owner and commercial pools operator also offering bunkering and ship management solutions.