Navig8 has begun commercial management of the Adnoc Logistics & Services tanker fleet following the Abu Dhabi group’s $1.08bn takeover of the UK pool group.

Navig8 said the “strategic move” has seen eight VLCCs, eight LR2s and four LR1s swell its ranks, strengthening its position as a global leader.

Adnoc L&S chief executive Captain