Tuesday 30 May 2017
United Arab Shipping

United Arab Shipping seals Hapag-Lloyd merger deal

Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company (UASC) have signed a business combination agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals. Apart from the BCA, th


Hapag-Lloyd inks deal to buy UAE shipping firm

Hapag-Lloyd AG approved a plan to acquire all shares of United Arab Shipping Company, paving the way for the second merger in two years to bolster the position of Germany’s biggest container-shipping line in an industry plagued by excess c


United Arab Shipping embarks on $2bn expansion drive

United Arab Shipping Company (UASC) is on a major expansion drive, investing more than $2 billion in bigger ships and forming alliances with peers to boost efficiencies and ride out tough markets. UASC, founded in 1976, has corpor


UASC wins big at Seatrade Awards

United Arab Shipping Company (UASC) scooped three of the industry’s highest awards last night (November 18) at the 10th Anniversary Seatrade Middle East & Indian Subcontinent Awards in Dubai. Ship Owner Owner/Operator Aw

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