Overview
- Abu Dhabi’s fuel retail, ports and shipping arms reported Thursday strong first‑quarter results, with ADNOC Distribution earning $210 million, AD Ports posting AED 653 million, and ADNOC Logistics & Services netting AED 816 million.
- ADNOC Distribution said higher fuel volumes, richer commercial margins, and growth in non‑fuel retail and overseas operations lifted profit, and its board approved a first‑quarter dividend of 5.14 fils per share for payment in June.
- AD Ports Group kept cargo moving by rerouting traffic to Fujairah and Khorfakkan and by running a land‑rail bridge that used about 800 trucks and four daily Etihad Rail trips.
- ADNOC Logistics & Services raised its 2026 outlook after performance through April and firmer freight rates offset shipping disruption near the Strait of Hormuz.
- The shipping unit added new LNG carriers in March and April and signed a pact with Emirates Global Aluminium to explore joint logistics, as both groups invest in lower‑emission fleets and digital tools such as AI to boost efficiency.