UK tanker operator Navig8 Group has revealed more additions to its fleet following its takeover by Adnoc Logistics & Services.
The company said the Eco MR Pool has welcomed the 50,500-dwt pair Cape Andiamo (built 2024) and Cape Avanti (built 2025).
The Jiangsu Yiangzijiang-built ships swell the number of modern MRs in the pool to 14.
The Cape Andiamo joined in October, while its sister was added last month, Navig8 added.
The Cape Andiamo is owned by Cinque Terre Shipping and the Cape Avanti by Monza Shipping & Trading.
TradeWinds understands these companies are controlled by Greek owners.
The pools company said last month it had begun commercial management of the Adnoc L&S tanker fleet, following the Abu Dhabi group’s $1.08bn takeover.
Navig8 said the “strategic move” has seen eight VLCCs, eight LR2s and four LR1s join its ranks, strengthening its position as a global leader.
The takeover added Navig8’s modern fleet of 32 tankers to the Middle East group’s owned roster while expanding its service portfolio to include commercial pooling and bunkering.
Adnoc L&S announced the completion of the transaction this month and said it had a contractual commitment to acquire the remaining 20% of Navig8 by mid-2027.
Depending on the company’s financial performance, this remaining stake will cost Adnoc L&S between $335m and $450m.(Copyright)
