According to ADNOC Logistics & Services Plc’s recent announcement, its shareholders approved all agenda items at the Abu Dhabi-based company’s Annual General Meeting (AGM), including the venture’s final dividend of USD 81.25 million (AED 298.39 million), bringing the global energy maritime logistics’ full-year dividend for 2025 to USD 325 million (AED 1,193.56 million).
The company also noted that despite the ongoing Middle East conflict, ADNOC L&S’ global operations have remained normal, as the business remains financially strong and fully operational across all divisions.
“ADNOC L&S continues to closely monitor the current operating environment and is working in coordination with relevant authorities and stakeholders to ensure the safety of its people and the continuity of its operations,” the company remarked in a media note.
Breaking down the key financial details, dividends for the first nine months of 2025 totalled USD 243.75 million (AED 859.3 million), with the third-quarter dividend already paid in December 2025. Subject to required approvals, the dividend will increase by 5% annually from 2026 to 2030, before being paid out quarterly.
“ADNOC L&S delivered record 2025 results, with EBITDA up 32% and net profit up 14% year-on-year, reflecting the ongoing transformation of the business into a global market leader, underpinned by a diversified, resilient business model and disciplined capital deployment. As of December 31, 2025, the Company’s share price has increased by 195% since the IPO, strengthening investor trust in ADNOC L&S’ long-term strategy. Performance was driven by favourable market demand, strong operational execution, and continued expansion across core and growth segments. The integration of Navig8, an international shipping pool operator and commercial management company, was a milestone that strengthened and transformed the company’s capabilities across its logistics value chain,” the venture commented.
Dr. Sultan Al Jaber, Chairman of ADNOC L&S, said, “For shareholders, performance translated into tangible returns. Financial discipline remains central to our strategy, and this strength enables us to pursue value‑accretive growth while maintaining attractive and predictable shareholder returns. ADNOC Logistics & Services has built a global platform underpinned by a resilient business model anchored by long‑term contracts. Looking ahead, our diversified logistics capabilities and disciplined capital framework position the Company to deliver through cycles while supporting ADNOC’s expanding global ambitions.”
“ADNOC L&S continued to deliver its growth strategy built around service excellence and a safe and smart operational execution. Driven by organic growth and our acquisition of an 80% stake in Navig8, our robust balance sheet, prudent leverage policy and strong operating cash flows anchor our resilience. Our Value Efficiency Initiative, introduced in early 2025, delivered $119 million (AED 437 million) over the year, surpassing its original target by 19%. Our ongoing technology and AI-driven innovation, beyond increasing process efficiency across the business, is also delivering tangible service enhancements, creating additional value for ADNOC L&S and our customers,” said Captain Abdulkareem Al Masabi, CEO of ADNOC L&S.
Talking about the January 2025 acquisition of Navig8, an international shipping pool operator and commercial management company, which cost ADNOC L&S USD 999 million (AED 3.7 billion), the move resulted in the immediate integration of Navig8’s 32-vessel fleet, along with the adoption of the company’s advanced commercial and digital capabilities within ADNOC’s fold, significantly expanding its global footprint to 19 cities. The acquisition added commercial scale, strengthened ADNOC L&S’ revenue profile, and improved access to global energy and commodities flows.
“Navig8 provides the Company with a broader international platform for its next phase of growth. In 2025, ADNOC L&S also strengthened its fleet with the first two of a total order of nine Very Large Ethane Carriers (VLECs) and an additional four LNG carriers to generate long-term contracted revenue. On March 23, 2025, the company took delivery of the fifth of six new-build liquefied natural gas carriers from the Jiangnan Shipyard in China,” the venture remarked.
ADNOC L&S also secured long-term strategic partnerships, including a 50-year agreement with TA’ZIZ to develop the UAE’s first dedicated chemicals export port, projected to generate revenue flow of over USD 1.3 billion (AED 4.8 billion) in its first 27 years. A 15-year strategic agreement with Borouge further strengthens ADNOC L&S’ contracted revenue base in the domain of petrochemicals exports, with an estimated value of USD 531 million (AED 1.95 billion).
“With the continuous digitalisation of an increasing number of core business processes, ADNOC L&S has been leveraging AI, big data, and advanced digital platforms to drive service excellence, operational performance, and safety. Its AI-enabled Smart Port Solution reduced vessel turnaround time by up to 90% and cut service sourcing from three hours to 45 seconds, while enhancements to the Integrated Logistics Management System and Integrated Logistics Services Platform increased cargo capacity by up to 40% and improved vessel utilisation,” the business concluded.