Tag: UASC

German shipping line Hapag-Lloyd has decided to cancel the Annual General Meeting scheduled for 1 June 2016 and postpone it until a later date. The announcement in the German Federal Gazette (Bundesanzeiger) dated 25 April 2016 is therefore no longer valid.

Qatargas, United Arab Shipping Company and Shell have signed a Memorandum of Understanding (MOU) to explore the development of LNG as a marine fuel in the Middle East region.

UASC celebrated the world’s greenest ultra-large container vessel 18,800TEU M.V. Al Nefud during its maiden call to Red Sea Gateway Terminal at Jeddah Islamic Port.

UASC has launched the first LNG-ready ultra large container carriers (ULCCs) in the world. UASC’s initiatives and the port of Rotterdam’s ambitions for sustainability complement each other perfectly.

United Arab Shipping Company (UASC) and Ahli United Bank, Egypt marked the passing of 18,800 TEU Vessel M.V. Al Zubara, the world’s greenest ultra-large container vessel, through the new Suez Canal this week.

 United Arab Shipping Company (UASC) hosted an event in Hamburg this week to celebrate one of the world’s most environmentally friendly ultra-large container vessels M.V. Al Muraykh, delivered in August 2015, with its banking partners. The event was held to acknowledge UASC’s financing partners who have collectively contributed to backing UASC’s newbuilding program, comprising eleven 15,000teu vessels and six 18,800teu vessels.Members of UASC’s Board of Directors and Executive Management, as well as more than 60 representatives from leading banks and financial institutions from around the world participated in the day-long event that included a guided tour on-board the 18,800teu M.V. Al Muraykh, while on its maiden voyage in North Europe.Speaking at the event, Basil Al-Zaid, Chief Financial Officer of UASC, said: “In a capital intensive industry like container shipping, it is critical to invest in the most efficient assets to keep pace with market growth and maintain competitive unit costs. With our trusted partners, UASC has achieved a series of milestones including our current newbuilding program, considered one of the industry’s largest and most technologically advanced”.“In recent years, efficiency has become an increasingly important differentiator in achieving a solid financial performance, whether it stems from improving vessel design through our ...

UASC has launched two new West Africa services, WAF 2 and WAF3

  United Arab Shipping Company's (UASC) newest vessel, the 18,800 teu Barzan, has made its maiden call at the Port of Felixstowe, the Port of Britain. The biggest container ship in the UASC fleet, the mega-ship arrived at the UK's largest container port from Port Kelang in Malaysia. The Barzan is deployed on UASC's AEC1 service between Asia and North Europe. Commenting on the new arrival, Clemence Cheng, Chief Executive Officer of the Port of Felixstowe and Managing Director of HPH Europe division, said: "We are delighted to welcome the latest vessel in the UASC fleet to the port of Felixstowe. Our investment in new infrastructure, equipment, systems and people has ensured that we are the clear port-of-choice for the latest generation of mega vessels employed on the Asian trade. "Our ability to handle these huge vessels will be further enhanced when the Berth 9 extension is completed at the end of the year. Beyond that we will continue to enhance facilities and improve still further levels of productivity. UASC's commitment to reducing environmental impact with this new class of LNG-ready vessels mirrors our own commitment to reduce emissions and the carbon footprint of our business." The Barzan, named the ...

UASC recently announced the launch of a North Europe - US East Coast, North Europe

UASC announced the establishment of a wholly UASC operated agency in Jordan