
The establishment of a new office in Abu Dhabi will strengthen CSSC’s global market research and development capability, as well as help it to explore business opportunities in the region, said CSSC.
At the opening ceremony for Jiangnan Shipyard’s first office in the Middle East, the shipyard also inked a shipbuilding contract with ADNOC Logistics and Services' joint venture with Wanhua Chemical Group, AW Shipping, at a total price of $250m for two additional very large ammonia carriers (VLACs).
Captain Abdulkareem Al Masabi, Chairman of AW Shipping and CEO of ADNOC L&S, said: “These contracts demonstrate AW Shipping and ADNOC L&S’s commitment to meeting future demand for lower-carbon energy sources such as ammonia, which are increasingly vital in powering the energy transition.
"We are pleased to welcome Jiangnan Shipyard as they establish a new office in Abu Dhabi, strengthening our growing partnership and highlighting the robust industrial ties between the UAE and China.”
The VLACs each have a carrying capacity of 93,000 cubic meters of ammonia, making them among the largest ammonia carriers in the world. Scheduled to be delivered between 2027 and 2028, the vessels will be equipped with energy-efficient dual-fuel engines capable of operating on liquefied petroleum gas or conventional fuels.
Lin Ou, Chairman of Jiangnan Shipyard, said: “The signing of these two additional VLAC contracts further deepens the cooperation and friendship among ADNOC L&S, Wanhua Chemical and Jiangnan Shipyard.
"CSSC Jiangnan Shipyard will take the Middle East Representative Office as a new starting point to strengthen cooperation with oil and gas companies, shipping companies and other related enterprises in Middle East countries, while paying attention to the market demands for energy transportation and marine equipment, and continuously innovating and improving across multiple fields."
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