On the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference, he said:ADIPEC 2024“, The company, through its joint venture “AW Shipping”, recently signed contracts worth $1.9 billion to build nine supertankers for ethane and four supertankers for ammonia with the Jiangnan Shipyard in China.
He pointed out that the company signed contracts worth $2.5 billion with my company.Samsung Heavy Industries and Hanwha Ocean of Korea to build ten liquefied natural gas carriers, enhancing the company’s ability to meet global demand for low-carbon energy.
He pointed out that the company adopts an integrated strategy to develop national cadres and bring in international expertise, which enhances the skills of the work team, which includes more than 10,000 individuals and more than 3,200 sailors, stressing the company’s commitment to supporting the local economy through the national content program, as its contribution rates in this field reached 86 percent. In 2023.
He explained that the company continues to adopt sustainable environmental practices, including protecting the marine environment in which it operates, to contribute to preserving the country’s maritime heritage.
He continued: “The company’s efforts in the field of sustainability are in line with ADNOC Group’s goals to achieve climate neutrality by 2045, and the country’s strategy.” The UAE “to achieve climate neutrality by 2050 and the IMO’s target of 2050.”
He said that ADNOC Logistics and Services has a world-class asset base. The company provides safe, reliable and cost-effective maritime and logistics solutions to more than 100 global customers, and manages energy product shipments to more than 50 countries, strengthening its position as one of the main partners in the global energy supply chain.
He added that ADNOC Logistics and Services operations are distinguished by having the largest diversified fleet in the region, which includes more than 800 owned, managed and leased vessels, supported by integrated logistics facilities that provide comprehensive and integrated logistical services, in addition to sea freight and maritime services, which makes the company an essential element in the supply chain of the ADNOC Group and others. Global partners.
He pointed out that the company seeks to continue growth by strengthening its partnership with the ADNOC Group and expanding its service offerings to include new customers in various global markets, in addition to seeking to enter new sectors and investments that contribute to achieving its goals to reduce emissions while adopting artificial intelligence technologies to increase operational efficiency, with the aim of reducing emissions. Enhancing the culture of health, safety and environment by 100 percent.
He said: “The company is adopting a transformative growth strategy based on key pillars with the aim of continuing to expand our service offerings with our customers, expanding our business portfolio into new sectors, expanding into global markets, and expanding the fleet size, which aims to support the implementation of a qualitative shift in providing the energy that societies and economies need to achieve significant growth and development.” Responsible as well as to consolidate ADNOC’s position as an integrated and advanced global energy company.”
He pointed out that the company entered new sectors such as engineering, procurement and construction work with a contract worth $975 million to build an artificial island in light of the company’s efforts to enhance its global expansion by entering new global markets while continuing to build a high-level customer base.
He pointed out the acquisition of Navig 8, which is currently subject to regulatory approvals, and upon completion of the deal, it will contribute to consolidating the company’s position globally in light of the company’s strong presence in 15 cities across five continents and its ownership of 32 tankers, in line with the company’s ambitions to become A global company in the sustainable energy shipping and logistics sector.
Al-Musabi explained that ADNOC Logistics and Services adopts technologies artificial intelligence In a comprehensive manner to enhance its operational efficiency and reduce emissions, while establishing a comprehensive culture of health, safety and environment 100 percent. Despite implementing the fleet expansion strategy with the latest technologies, the company adopts advanced artificial intelligence solutions to achieve maximum levels of performance and sustainability, which contributed to reducing delivery time by 60 percent, which ensures the delivery of equipment. timely mission, and reduce carbon emissions by up to 30 percent in our logistics sector.