Abu Dhabi: Abu Dhabi National Tanker Company (Adnatco) said Tuesday it had taken delivery of the newly built M.V. Shah, a 37,000 metric tonne deadweight handy size bulk carrier, in South Korea.
This is the first of 15 new vessels to be delivered over the next 11 months.
"The delivery ceremony was held in South Korea, where the carrier was built. It will soon start its journey to Abu Dhabi and is going to meet the growing shipping requirements of the Adnoc Group of Companies," a person familiar with the developments at Adnatco told Gulf News by telephone.
The bulk carrier will be used primarily to carry bulk cargoes such as sulphur on behalf of Adnoc and its group of companies. The new vessel will be traded also in the open market," Adnatco said.
As the shipping arm of the Adnoc Group of Companies, Adnatco and National Gas Shipping Company Ltd. (Ngsco) own and operate a fleet of carriers for transporting liquefied natural gas, petroleum products and sulphur as well as ro-ro and bulk cargo ships.
Adnatco and Ngsco are also involved in the marine transportation of petroleum products. The companies also do ship bunkering and the bulk transportation of sulphur.
Adnatco transports polyethylene produced by Adnoc's petrochemicals subsidiary Borouge from its plant in Ruwais to global markets.