ADNOC Logistics and Services (ADNOC L&S) said AW Shipping, its joint venture with Wanhua Chemical Group, has awarded shipbuilding contracts worth 7 billion dirhams ($1.9 billion) to Jiangnan Shipyard in China. The contracts include the construction of nine Very Large Ethane Carriers (VLECs) priced at $1.4 billion and two Very Large Ammonia Carriers (VLACs) priced … Continue reading ADNOC L and S joint venture awards $1.9bln contract to Chinese shipbuilder