BEIJING/WAM ADNOC Logistics and Services plc today announced that AW Shipping, its joint venture with Wanhua Chemical Group, has awarded shipbuilding contracts to Jiangnan Shipyard in China, priced at approximately $1.9 billion (AED7 billion) in total. The contract for the construction of nine Very Large Ethane Carriers (VLECs) is priced at approximately $1.4 billion (AED5.1 billion) and the contract for ...

DUBAI/WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, reiterated that the emirate’s economy continues to grow steadily and showcase robust economic indicators that exemplify the vision and directives of His Highness Sheikh Mohammed bin Rashid Al ...

WUHAN/WAM All stakeholders that delivered the landmark UAE Consensus must come together to implement it and advance sustainable socio-economic development, Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology and COP28 President, announced today at the eighth Ministerial on Climate Action (MoCA). Since its inception at COP28, held in Dubai in December, the historic UAE Consensus has emerged as ...