Latest news with #CaptainAbdulkareemAlMasabi
Zawya
21-05-2025
- Business
- Zawya
ADNOC L&S, Regent to trial high-speed electric seagliders
ADNOC Logistics and Services (ADNOC L&S), a global energy maritime logistics leader, has selected US-based Regent's electric seaglider for a proof-of-concept trial to assess the craft's suitability for transporting personnel to and from offshore energy infrastructure. The announcement was made at the 'Make it in the Emirates' event, currently taking place in Abu Dhabi. Regent's 'Viceroy' seaglider – a next-generation maritime craft – combines the speed of an aircraft with the convenience of a boat, offering high-speed, zero-emission transport. The proof-of-concept is the first phase in a potential multi-stage deployment that could see the technology incorporated more widely across ADNOC L&S's offshore logistics operations. Regent will manufacture its electric seagliders in the UAE. It will also provide aftermarket services such as maintenance, boosting local manufacturing capabilities and strengthening the UAE's industrial base. The proof-of-concept trial will also be managed by a UAE-based seaglider operator, delivering additional in-country value and positioning the UAE as a hub for advanced maritime innovation. ADNOC L&S Chief Executive Captain Abdulkareem Al Masabi said the group was committed to adopting innovative technologies that enhance the safety, sustainability and efficiency of its operations. "This proof-of-concept trial with Regent's seagliders marks an important milestone in our journey to decarbonise offshore logistics, while supporting 'Make it in the Emirates' through the development of future-ready maritime capabilities in the UAE," he noted. The Viceroy can carry up to 12 passengers or 1,600 kg of cargo and is capable of speeds up to 300 km per hour for routes up to 300km. Its ability to operate in multiple modes - floating, foiling and flying - offers unique versatility and comfort for offshore transport. Compared with helicopters, the craft provides up to 80% lower operational costs and is equipped with advanced sensors and automated controls to ensure safe and reliable operations. Regent Co-founder and CEO Billy Thalheimer said: "We could ask for no better end user for seagliders in the UAE than the largest energy producer in the country and leader in innovation and sustainability." "Seagliders will drastically reduce the time, cost, and emissions of offshore energy logistics, and we look forward to working together to set a new standard for the energy industry," he stated. The proof-of-concept trial aligns with ADNOC Group's broader Net Zero by 2045 ambition and supports the UAE's strategic objectives to foster innovation, sustainability and national industrial growth, he added. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Arabian Business
20-05-2025
- Business
- Arabian Business
ADNOC L&S to trial 300kmph seaglider journeys in UAE
High-speed seagliders could replace helicopters in the UAE as businesses look for sustainable transport options for marine outposts. ADNOC Logistics and Services has selected US-based REGENT's electric seaglider for a proof-of-concept trial to assess the craft's suitability for transporting personnel to and from offshore energy infrastructure. The announcement was made at the Make it in the Emirates' event, currently taking place in Abu Dhabi. UAE seaglider trips REGENT's 'Viceroy' seaglider combines the speed of an aircraft with the convenience of a boat, offering high-speed, zero-emission transport. The proof-of-concept is the first phase in a potential multi-stage deployment that could see the technology incorporated more widely across ADNOC L&S's offshore logistics operations. REGENT will manufacture its electric seagliders in the UAE. It will also provide aftermarket services such as maintenance, boosting local manufacturing capabilities and strengthening the UAE's industrial base. The proof-of-concept trial will also be managed by a UAE-based seaglider operator, delivering additional in-country value and positioning the UAE as a hub for advanced maritime innovation. Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, said: 'ADNOC L&S is committed to adopting innovative technologies that enhance the safety, sustainability and efficiency of our operations. This proof-of-concept trial with REGENT's seagliders marks an important milestone in our journey to decarbonise offshore logistics, while supporting 'Make it in the Emirates' through the development of future-ready maritime capabilities in the UAE.' The Viceroy can carry up to 12 passengers or 1,600 kilograms of cargo and is capable of speeds up to 300kmph (180mph) for routes up to 300km. It can operate in multiple modes: Floating Foiling Flying Compared with helicopters, the craft provides up to 80 per cent lower operational costs and is equipped with advanced sensors and automated controls to ensure safe and reliable operations. Billy Thalheimer, Co-founder and CEO of REGENT, said, 'REGENT could ask for no better end user for seagliders in the UAE than the largest energy producer in the country and leader in innovation and sustainability. 'Seagliders will drastically reduce the time, cost, and emissions of offshore energy logistics, and we look forward to working together to set a new standard for the energy industry.' The proof-of-concept trial aligns with ADNOC Group's broader Net Zero by 2045 ambition and supports the UAE's strategic objectives to foster innovation, sustainability and national industrial growth.
Trade Arabia
20-05-2025
- Business
- Trade Arabia
ADNOC L&S, Regent to trial high-speed electric seagliders
ADNOC Logistics and Services (ADNOC L&S), a global energy maritime logistics leader, has selected US-based Regent's electric seaglider for a proof-of-concept trial to assess the craft's suitability for transporting personnel to and from offshore energy infrastructure. The announcement was made at the 'Make it in the Emirates' event, currently taking place in Abu Dhabi. Regent's 'Viceroy' seaglider – a next-generation maritime craft – combines the speed of an aircraft with the convenience of a boat, offering high-speed, zero-emission transport. The proof-of-concept is the first phase in a potential multi-stage deployment that could see the technology incorporated more widely across ADNOC L&S's offshore logistics operations. Regent will manufacture its electric seagliders in the UAE. It will also provide aftermarket services such as maintenance, boosting local manufacturing capabilities and strengthening the UAE's industrial base. The proof-of-concept trial will also be managed by a UAE-based seaglider operator, delivering additional in-country value and positioning the UAE as a hub for advanced maritime innovation. ADNOC L&S Chief Executive Captain Abdulkareem Al Masabi said the group was committed to adopting innovative technologies that enhance the safety, sustainability and efficiency of its operations. "This proof-of-concept trial with Regent's seagliders marks an important milestone in our journey to decarbonise offshore logistics, while supporting 'Make it in the Emirates' through the development of future-ready maritime capabilities in the UAE," he noted. The Viceroy can carry up to 12 passengers or 1,600 kg of cargo and is capable of speeds up to 300 km per hour for routes up to 300km. Its ability to operate in multiple modes - floating, foiling and flying - offers unique versatility and comfort for offshore transport. Compared with helicopters, the craft provides up to 80% lower operational costs and is equipped with advanced sensors and automated controls to ensure safe and reliable operations. Regent Co-founder and CEO Billy Thalheimer said: "We could ask for no better end user for seagliders in the UAE than the largest energy producer in the country and leader in innovation and sustainability." "Seagliders will drastically reduce the time, cost, and emissions of offshore energy logistics, and we look forward to working together to set a new standard for the energy industry," he stated.
Zawya
20-05-2025
- Business
- Zawya
ADNOC L&S partners with REGENT to trial high-speed electric seagliders for offshore transportation
ADNOC Logistics and Services plc (ADNOC L&S), a global energy maritime logistics leader, has selected US-based REGENT's electric seaglider for a proof-of-concept trial to assess the craft's suitability for transporting personnel to and from offshore energy infrastructure. The announcement was made at the 'Make it in the Emirates' event, currently taking place in Abu Dhabi. REGENT's 'Viceroy' seaglider – a next-generation maritime craft – combines the speed of an aircraft with the convenience of a boat, offering high-speed, zero-emission transport. The proof-of-concept is the first phase in a potential multi-stage deployment that could see the technology incorporated more widely across ADNOC L&S's offshore logistics operations. REGENT will manufacture its electric seagliders in the UAE. It will also provide aftermarket services such as maintenance, boosting local manufacturing capabilities and strengthening the UAE's industrial base. The proof-of-concept trial will also be managed by a UAE-based seaglider operator, delivering additional in-country value and positioning the UAE as a hub for advanced maritime innovation. Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, said, 'ADNOC L&S is committed to adopting innovative technologies that enhance the safety, sustainability and efficiency of our operations. This proof-of-concept trial with REGENT's seagliders marks an important milestone in our journey to decarbonise offshore logistics, while supporting 'Make it in the Emirates' through the development of future-ready maritime capabilities in the UAE.' The Viceroy can carry up to 12 passengers or 1,600 kilograms of cargo and is capable of speeds up to 300 kilometers per hour (180mph) for routes up to 300km. Its ability to operate in multiple modes – floating, foiling and flying – offers unique versatility and comfort for offshore transport. Compared with helicopters, the craft provides up to 80% lower operational costs and is equipped with advanced sensors and automated controls to ensure safe and reliable operations. Billy Thalheimer, Co-founder and CEO of REGENT, said, 'REGENT could ask for no better end user for seagliders in the UAE than the largest energy producer in the country and leader in innovation and sustainability. Seagliders will drastically reduce the time, cost, and emissions of offshore energy logistics, and we look forward to working together to set a new standard for the energy industry.' The proof-of-concept trial aligns with ADNOC Group's broader Net Zero by 2045 ambition and supports the UAE's strategic objectives to foster innovation, sustainability and national industrial growth.
Arabian Business
12-05-2025
- Business
- Arabian Business
Strategic expansion leads to another solid quarter for ADNOC L&S
ADNOC Logistics and Services (ADNOC L&S) reported a 41 per cent year-on-year increase in revenue to US$1,181 million and a 20 per cent jump in EBITDA to US$344 million in its first quarter results for 2025, following strong performance across all business segments. However, the Abu Dhabi-based global energy maritime logistics company's net profit for Q1 2025 was US$185 million, down 5 per cent YoY from US$194 million, but up 3 per cent sequentially from US$180 million in Q4 2024. The dip was attributed to lower commercial shipping rates. EBITDA margin was 29 per cent. And despite evolving market conditions, ADNOC L&S said its 'strategic diversification and resilient business model supports delivery of strong net profit and operating cash flow'. During January this year, ADNOC L&S completed an acquisition of an 80 per cent stake in Navig8 for approximately US$1 billion, adding a modern fleet of 32 tankers and expanding the company's services portfolio. Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, commented: 'ADNOC L&S continues to deliver robust financial results and significant business growth. 'Our recent acquisition of 80 per cent of Navig8, and the integration of their capabilities into our expansive services portfolio, further strengthens our customer offerings and international footprint, unlocking new shareholder value. 'Moving forward, we will continue to deliver on our transformational growth strategy while leveraging cutting-edge technologies and AI solutions to further enhance operational efficiencies.' Revenues from the integrated logistics segment increased 23 per cent to US$628 million. The increase was largely driven by higher revenues from Engineering, Procurement and Construction (EPC) projects, including the Al Omairah Island and Hail & Ghasha projects, and improved utilisation and rates earned from Jack-Up Barges (JUBs). Integrated Logistics' EBITDA rose by 15 per centto US$182 million. Shipping revenue increased 87 per cent to US$469 million, primarily due to consolidation of revenue from the Navig8 tanker fleet. Shipping EBITDA increased 26 per cent to US$143 million, generating an EBITDA margin of 31 per cent. Services revenue increased 9 per cent to US$84 million. EBITDA grew 52 per cent YoY to US$18 million, driven by higher Borouge Container Terminal volumes and shares of profit from Integr8. The company has added 340 years of consolidated newly contracted revenues against its recent order of energy-efficient vessels, including $2.95 billion invested into eight new Liquified Natural Gas Carriers, nine Very Large Ethane Carriers, and four Very Large Ammonia Carriers.
