Adnoc Logistics & Services (Adnoc L&S), via its joint venture AW Shipping, has awarded contracts totaling $1.9 billion for the construction of nine Very Large Ethane Carriers (VLECs) and four Very Large Ammonia Carriers (VLACs) with Jiangnan Shipyard in China. Additionally, the company has inked contracts worth $2.5 billion with Korea's Samsung Heavy Industries and Hanwha Ocean to build up to 10 LNG carriers, bolstering its capacity to meet the global demand for low-carbon energy. Captain Abdulkareem Al Masabi, CEO of Adnoc L&S, highlighted that the company is expanding its owned and chartered fleet of integrated logistics and shipping services to cater to the increasing global demand, with contracts totaling $4.4 billion signed with various international firms.