<p>AW Shipping, a joint venture of ADNOC Logistics &#38; Services (ADNOC L&#38;S) and China’s Wanhua Chemical Group, has splashed around $1.9bn on up to 13 newbuilds at Jiangnan Shipyard. The jv has contracted nine firm very large ethane carriers (VLECs) worth about $1.4bn in total and up to four very large ammonia carriers (VLACs) at &#8230;</p> </p><p><p>https://splash247.com/adnoc-ls-venture-splurges-1-9bn-on-ethane-and-ammonia-carrier-newbuilds/</p></p>