The Opportunity to invest in a global energy maritime logistics leader
A mission-critical energy logistics service provider to ADNOC and over 100 global clients, shipping to more than 50 countries around the world.
Providing fully integrated, end-to-end services through three key business units: Integrated Logistics, Shipping and Marine Services.
One of the GCC’s largest diversified shipping fleets with more than 500 modern and technologically advanced vessels.
High visibility on future cash flows underpinned by long-term contractual framework with anchor customers.
Positioned to benefit from significant investment in the energy sector by ADNOC and the UAE, including a $150bn investment program for 2023 to 2027.
Ambitious decarbonization plans in line with the International Maritime Organisation’s targets, with the aim of reducing carbon dioxide emissions per transport by 40% by 2030 increasing to 70% by 2050, vs. 2008 levels.
Invested or committed approximately $2 billion in environmentally friendly, new-build vessels scheduled for delivery between 2023 and 2026.
Intention to Float Announcement (Publication of Prospectus)
Retail Subscription Commencement (Price Range Announcement)
Retail Subscription Closing
Announcement of Final Offer Price
Refund Commencement
Expected listing of shares on ADX
Disclaimer:This announcement has not been reviewed or approved by the SCA or any regulator in the UAE or elsewhere, does not form part of the prospectus and is not an offer of securities.
Terms and conditions apply.
