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ADNOC L&S signs contracts for 23 supertankers worth $4.4bn, according to the state news agency

Posted to Maritime Reporter on November 7, 2024

ADNOC Logistics & Services has signed contracts for $4.4 billion in order to build 23 supertankers that will transport ethane and ammonia, as well as liquefied gas. This was reported by the UAE state news agency on Thursday. ADNOC CEO Abdulkareem Al Masabi stated that the company…

Hanwha Ocean, a South Korean shipbuilder, has halted talks with Austal about acquiring the company

Posted to Maritime Reporter on September 25, 2024

In a filing with the South Korean regulatory authorities, Hanwha Ocean announced that it had halted negotiations to buy Austal, an Australian shipbuilder. Austal announced in April that it had turned down a takeover bid of A$1.02 Billion ($701,35 Million) because the Australian and U.S.

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ADNOC L&S signs contracts for 23 supertankers worth $4.4bn, according to the state news agency

Hanwha Ocean, a South Korean shipbuilder, has halted talks with Austal about acquiring the company