ADNOC sold 1.41 billion shares in its maritime logistics unit at Dhs2.01 a share, valuing the company at $4.05bn
The maritime logistics firm expects the final offer price to be announced on May 26, after the book-building process
The carriers have dual-fuel engine technology and use liquified petroleum gas as their primary fuel source
Each vessel will have a capacity of 175,000 cubic metres – enough to power 45,000 homes for a year