The strong performance of all sectors across the hydrocarbon shipping sector helped Abu Dhabi-listed Adnoc Logistics & Services (Adnoc L&S) deliver impressive results for the first half of its 2023 financial year.

Adnoc L&S, in its first post-IPO earnings report, said its net profit for the first half came in at $307m, a fourfold increase compared to the net profit of $72m recorded in the corresponding period of 2022.